VBR and Econcomic & Policy Resources Partner on Business Conditions Survey [6.13.13]

Vermont Business Roundtable and Economic & Policy Resources

Partner on new Business Conditions Survey

6.13.13 – (South Burlington, Vt.)  Today Lisa Ventriss, President of Vermont Business Roundtable and Jeffrey Carr, President, Economic & Policy Resources, announced the launch of their new joint effort, the VBR/EPR Business Conditions Survey. The announcement was made during the Summer Membership Meeting of the Roundtable, which was held at Basin Harbor Club. The Vermont Business Roundtable membership includes some of the key economic drivers of our region.

The goal of this new and important collaboration is to increase the economic representativeness and relevance of Roundtable member survey results as an economic indicator for the Vermont economy, its future trends and opportunities. A secondary goal will be to systematically collect data to construct a 4-quarter moving diffusion index to smooth seasonal volatility and more easily glean underlying trends. Specifically, the survey will obtain results that provide a more timely and representative view of business conditions in Vermont; the near-term outlook for the Vermont economy; and gauge business intentions for capital investment, demand for goods and services, and hiring.

Mary Powell, CEO, Green Mountain Power and Chair of the Roundtable Board of Directors, was quoted as saying, “Since its inception the Vermont Business Roundtable has been a forward thinking organization committed to leveraging our members’ experiences to improve the standard of living for all Vermonters. This partnership will provide our business leaders and important partners ~ media, policymakers, citizens, and other businesses ~ with more timely, substantive, and relevant information about Vermont’s economic outlook. We are pleased to work with the team from Economic & Policy Resources.”

The quarterly survey will initiate on July 1st, 2013.

The Vermont Business Roundtable (VBR) is a nonprofit, nonpartisan organization of chief executive officers of Vermont’s leading private and nonprofit employers, representing geographic diversity and all major sectors of the Vermont economy. Roundtable members employ more than 10 percent of the state’s workforce.  The Roundtable is committed to sustaining a sound economy and preserving Vermont’s unique quality of life by studying and making recommendations on statewide public policy issues.  www.vtroundtable.org.

Economic & Policy Resources, Inc. (EPR) is a multi-disciplinary applied economic consulting firm that has been providing private and public sector clients throughout the U.S. and Canada with problem-solving economic research and analysis services for more than 30 years. Our professionals bring a broad spectrum of problem-solving knowledge and experience to each assignment. The firm in Vermont is also known for its practice in forensic economics and its more than 20 years of service to the state of Vermont in economic and tax revenue forecasting. EPR has successfully completed assignments throughout the United States and in eastern Canada. www.epreconomics.com.

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