Sponsored by George Fox University
Home Archives November 2006 Survey finds business owners worrying

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

The global challenge

News
Friday, June 27, 2014
062714 thumb globalmarketBY JASON NORRIS | OB BLOGGER

Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.


Read more...

Portland: Where young people go to work?

News
Friday, June 06, 2014
UntitledBY KATIE AUSBURGER | OB GUEST CONTRIBUTOR

How to build a hipster-friendly work environment.


Read more...

OB Video: Dress for Success

News
Wednesday, July 02, 2014
DFSOBY JESSICA RIDGWAY | OB WEB EDITOR

Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.


Read more...

South Waterfront's revenge

News
Thursday, July 24, 2014
MoodyAveBY LINDA BAKER | OB EDITOR

Remember the naysayers?  Those who called the South Waterfront aerial tram a boondoggle?  Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?


Read more...

Updated: Disrupting innovation

News
Tuesday, July 08, 2014
070814 thumb disputive-innovationBY LINDA BAKER  | OB EDITOR

The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation  — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment. 

Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.


Read more...

EPA Standards: A breath of fresh air for the region

News
Thursday, June 12, 2014
EPABY ANDREA DURBIN | OB GUEST BLOGGER

Last week, the Obama administration took an important and welcomed step in the effort to protect the health and well-being of all Oregonians by limiting carbon pollution from existing power plants.


Read more...

OB Video: Oregon MESA

News
Thursday, June 26, 2014

ThumbOregon Business hosts an informal roundtable discussion about the Oregon MESA (Mathematics, Engineering, Science Achievement) program.


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