Survey finds business owners worrying

| Print |  Email
Wednesday, November 01, 2006

A lot can happen in a year: Housing slumps, the Iraq war worsens, gas prices spike to record levels, major natural disasters hit. So it’s not surprising that the mood of the 600 respondents to this month’s Input survey, conducted by research partners Conkling Fiskum & McCormick, is gloomier than it was last summer.

This shift, says economist Tom Potiowsky, “brings a little more risk to the vitality of the economy. When a business group feels that way, your worry is a herd mentality. Maybe they will hold off on hiring. It can snowball on you.”

But Potiowsky, formerly the state’s chief economist and now a professor at Portland State University, says that businesses have been through rocky times before, and they are now “much more resilient to the shocks of high energy, slowing housing, geopolitical upheavals, news from Iraq and things like Hurricane Katrina. Also, consumers are still spending, sales are still at a moderately good level. It’s not time to circle the wagons. You are still going to look for business opportunities.”

He notes that even though 40% of the respondents say they expect their business to improve versus 55% last year, “a total of 83% said things will improve or at least stay the same. That’s still good.”

The cost of health care is still a chronic worry, but not as much as last year. Businesses have already absorbed the impact of those costs, surmises Potiowsky. “They’re worried,” he adds, “but they don’t have their heads in the oven yet.”

To participate in the Input survey, send an e-mail to This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Research conducted by Conkling Fiskum & McCormick.


 

Over the past year, would you say Oregon's economy has: Over the next year, do you expect your business to:
May '04 Aug '05 Sep '06 Aug '05 Sep '06
Gotten better 40% 53% 47% Improve 55% 40%
Stayed the same 40% 35% 37% Stay the same 35% 43%
Gotten worse 19% 11% 14% Get worse 7% 14%
Not sure 1% 1% 2% Not sure 3% 3%













How concerned are you about the effect of the following issues on Oregon business?

Not at all concerned A little concerned Somewhat concerned Concerned Very concerned






Cost of health care 1% 3% 11% 32% 53%






Funding for public education 4% 9% 22% 24% 41%






Methamphetamine use 5% 12% 21% 27% 35%






Cost of oil 2% 7% 25% 33% 26%






Federal budget deficit 6% 18% 25% 26% 34%






Aging transportation infrastructure 2% 12% 31% 34% 21%






U.S. international trade deficit 7% 16% 34% 28% 17%






Crime 6% 21% 34% 23% 17%






Terrorism 14% 30% 28% 14% 10%




 


 

 

More Articles

Photo log: Murray's Pharmacy

The Latest
Friday, July 17, 2015
OBM-Heppner-Kaplan thumbBY JASON KAPLAN

Photographer Jason Kaplan takes a look at Murray's Pharmacy in Heppner.  The family owned business is run by John and Ann Murray, who were featured in our July/August cover story: 10 Innovators in Rural Health Care.


Read more...

Urban renewer

Linda Baker
Wednesday, June 24, 2015
UnknownBY LINDA BAKER   

One year after he was appointed chair of the Portland Development Commission, Tom Kelly talks about PDC's longevity, Neil Kelly's comeback and his new role as Portlandia landlord.


Read more...

Portland’s long-distance bike commuters

The Latest
Wednesday, July 29, 2015
Matt KellyresizethumbBY KIM MOORE | RESEARCH EDITOR

Pushing the extreme.


Read more...

Balancing Act

July/August 2015
Friday, July 10, 2015
BY DAN COOK

The Affordable Care Act has triggered a rush on health care plan redesign, a process fraught with hidden costs and consequences.


Read more...

Business partnerships: taming the three-headed monster

Contributed Blogs
Monday, July 06, 2015
070615-businessmarriagefail-thumbBY KATHERINE HEEKIN | OB GUEST COLUMNIST

Picking a business partner is not much different than choosing a spouse or life partner, and the business break-up can be as heart-wrenching and costly as divorce.


Read more...

Quake as metaphor

Linda Baker
Tuesday, July 14, 2015
071515-earthquakia-thumbBY LINDA BAKER

The Big One serves as an allegory for Portland, a city that earns plaudits for lifestyle and amenities but whose infrastructure is, literally, crumbling.


Read more...

Greenpeace (temporarily) prevents Shell oil ship from leaving Portland

The Latest
Thursday, July 30, 2015
hangersBY JASON E. KAPLAN | STAFF PHOTOGRAPHER

Activists have suspended themselves from the St. Johns Bridge in Portland, slowing an icebreaker's departure for the Arctic.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS