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Posted on 05.11.2009

Lovell Communications Survey: Will the Economy Improve, Get Worse or Remain the Same During the Next Six Months?

*Update 5/13: Nashville Business Journal covered the survey results here: Area Business Leaders Bullish on Economy.* Just last week, almost 90 percent (89.1%) of 174 survey respondents indicated they believe that the economy will either remain the same or improve over the next six months.  Better yet, about 55 percent (54.5%) think the economy will improve, and slightly more than 10 percent (10.9%) think it will get worse.

lovell-communications-economic-survey

[graph displays rounded figures]
Even before the recent good news about corporate earnings and better-than-feared bank stress test results, I was getting the feeling that we have begun to turn the corner.  So, I wanted to ask a broad base of business associates (who are likely based more predominantly in southeast) if they thought things were improving or not. I asked them to ignore what they read or see in the media and to respond based on their own personal experience and gut reactions.  Specifically 19 people said they expect the economy to be worse in six months, 60 said it would be about the same and 95 felt it would improve. I am liking these numbers! What do you think?

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