Pierce County business optimism is high and many employers are looking add more full-time jobs this year, according to findings of a recent Economic Development Department survey.
The Business Pulse Survey results were recently released with employment data collected in March. Pierce County businesses were surveyed for their perspectives on doing business here, and where things are headed for their company, industry, and region. The majority (75 percent) of the respondents were business owners/CEOs or key management decision makers.
Among the findings:
- During 2019, 47 percent of those surveyed expect the South Sound economy to grow at the same pace or greater compared with 2018.
- During 2019, 50 percent of respondents expect their company revenues to be stronger than last year.
- During 2019, 43 percent of those surveyed plan to add full-time jobs. Only 3 percent are planning to reduce jobs.
The top five business challenges were reported as:
- Attracting and retaining employees
- Revenue generation/sales
- Transportation infrastructure and congestion
- Workforce training
- Technology changes within the industry
To view the complete findings, visit the Business Pulse Survey website.