Worcester Business Journal

Economic Forecast 2021

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www.wbjournal.com • Worcester Business Journal • 2021 Economic Forecast 7 Running your business demands resources you can rely on. Like the incredibly rugged and versatile Sprinter or Metris from Mercedes-Benz of Shrewsbury. With Mercedes PRO Connect to streamline your operations, customized upfitting to match your line-of-work requirements and a lengthy warranty, both vans are engineered to be with you for the long haul. Stop by, test drive and put one to work today. The perfect business partner. 760 Boston Turnpike Road, Shrewsbury, MA 01545 Sales: 888.639.6605 • Service: 855.825.0130 • Parts: 855.823.9682 • wagnermercedesofshrewsbury.com • Turbocharged Gas and Diesel Engine Options • Active Brake Assist • Attention Assist • 360° Degree Camera Starting at $34,495 MSRP • Crosswind Assist • Load-Adaptive Electronic Stability (ESP®) • Hill-Start Assist • Rearview Camera Starting at $27,180 MSRP ECONOMIC FORECAST 2021 WBJ reader's survey How concerned are you that you'll be able to find people with the right skills to do the job? Very concerned Mildly concerned Not at all concerned 2016 2017 2018 2020 2019 35% 12% 43% 50% 37% 13% 72% 27% 1% 38% 47% 15% 33% 37% 30% What's the biggest impediment to business growth in Massachusetts? 2016 2017 2018 2019 2020 High taxes 24% 16% 24% 21% 28% High cost of living 21% 38% 28% 38% 22% High healthcare costs 20% 13% 16% 16% 15% Slow regulatory processes 12% 11% 9% 5% 14% High energy costs 2% 4% 2% 2% 2% Other 21% 18% 21% 18% 19% Other answers: COVID-19, all of the above, bad schools, Boston-centric state policies, poor transportation systems

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