Economic Outlook

The Providence Business News Executive Poll is a weekly
survey of 70 business leaders, representing large and small businesses in a
variety of industries.



 


QUESTION: Which most accurately describes your company or organization’s
spending plan for the next fiscal year?



Level funded by comparison to last year: 18%



A slight increase in spending: 55%



A significant increase in spending: 18%



A slight decrease in spending: 9%


 


QUESTION: What is your company or organization’s employment outlook for
the next fiscal year?



Number of FTEs should remain the same: 55%



Number of FTEs likely to increase: 45%


 


QUESTION: Do you expect your company or organization to spend more on capital
projects during the next fiscal year than it did a year ago — or do you expect
spending practices to remain tight?


Spending should increase in the next fiscal year:73%


Spending should remain tight: 27%


 


QUESTION: What are your expectations for the local economy for the remaining
six months of 2004?



Expect to see marked improvement: 55%


Expect it to be mostly stagnant: 45%


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