Mid-year economic review

QUESTION: Over the next six months, do you believe the Rhode Island economy
will:

July 1, 2001
Jan. 1, 2001
Jan. 2000
Jan. 1999
Grow substantially
0%
0%
4.5%
0%
Grow moderately
5%
31%
27.3%
31.8%
Grow slightly
15%
31%
38.5%
36.4%
Will be flat
45%
15%
29.7%
31.8%
Slow down
25%
23%
0%
0%
Enter a recession
10%
0%
0%
0%

QUESTION: In spite of your thoughts on the overall economy, what is your company’s
outlook?

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July 1, 2001
Jan. 1, 2001
Jan. 2000
Jan. 1999
Grow substantially
10%
15%
4.5%
22.7%
Grow moderately
20%
24%
50%
50%
Grow slightly
45%
46%
27.3%
27.3%
Will be flat
10%
0%
18.2%
0%
Slow down
15%
15%
0%
0%

QUESTION: Do you expect employment at your company or organization to:

July 1, 2001
Jan. 1, 2001
Jan. 2000
Jan. 1999
Increase by more than 10%
10%
0%
4.5%
22.7%
Increase between 5 and 10%
0%
23%
18.2%
36.4%
Increase between 1 and 5%
35%
23%
54.5%
22.7%
Neither increase nor decrease
45%
46%
18.3%
18.2%
Decrease between 1 and 5%
0%
0%
4.5%
0%
Decrease between 5 and 10%
10%
8%
0%
0%

QUESTION: In the first part of this year did your company:
Grow substantially: 10%
Grow moderately: 15%
Grow slightly: 40%
Was flat: 20%
Experience a slowdown: 15%

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QUESTION: In the first part of this year did your company:
Increase employment by more than 10 percent: 15%
Increase employment between 5 and 10 percent: 0%
Increase employment between 1 and 5 percent: 30%
Neither increase nor decrease the number of jobs: 40%
Decrease employment between 1 and 5 percent: 0%
Decrease employment between 5 and 10 percent: 15%

QUESTION: Is your company committed to remaining in Rhode Island?

July 1, 2001
Jan. 1, 2001
Jan. 2000
Jan. 1999
Yes
75%
85%
86.4%
90.9%
No
20%
8%
4.5%
9.1%
Don’t know
5%
7%
9.1%
0%

QUESTION: Even if your company is committed to remaining in Rhode Island do
you anticipate opening any other operations out of state?

July 1, 2001
Jan. 1, 2001
Jan. 2000
Jan. 1999
Yes
55%
46%
31.8%
27.3%
No
25%
38%
40.9%
72.7%
Don’t know
20%
16%
27.3%
0%

The Providence Business News/Johnson & Wales executive poll is a weekly survey of 70 top business leaders throughout the state, representing small and large companies in a variety of industries and businesses. All questions are chosen exclusively by the editor of the Providence Business News.

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