Worcester Business Journal

18 Worcester Business Journal | June 7, 2021 | wbjournal.com F O C U S M I D - Y E A R E C O N O M I C S U R V E Y WBJ reader's survey Do you anticipate any change in your use of office space in the next year or when your lease expires? Do you plan to make a major investment in property or equipment in the second half of 2021? December 2020 May 2021 We plan an expansion of our office space. 3% 6% We plan no changes in our office space needs. 52% 49% We plan reducing our office space when our lease comes up. 17% 21% We own our building, so it's not a meaningful variable for us. 28% 21% Other 0% 3% Other answers "We plan on moving out of Massachsuetts, to a business-friendly state." "Moving to another building" "We plan to actively rent additional meeting space for monthly meetings." "We moved to a bigger facility in October 2020." What is your current projection for company's bottom-line profits in 2021, compared to 2020? How are you projecting your organization's revenues in the second half of this year vs. the second half of 2020? 0% 5% 10% 15% 20% 25% 30% 35% 6% 19% 33% 21% 15% 2% 4% Increase more than 20% Increase between 11-20% Increase 1-10% No change Decrease 1-10% Decrease between 11-20% Decrease more than 20% 0% 5% 10% 15% 20% 25% 30% 5% 8% 28% 18% 15% 14% 7% 2% 3% than 30% 20% to 30% 10% to 19% 5% to 9% 1% to 4% Flat 1% to 9% 10% to 19% than 20% 13% 21% 22% Too soon to tell. 30% Yes. 48% No. 0% 5% 10% 15% 20% 6% 19% 33% 21% 15% 2% 4% Increase more than 20% Increase between 11-20% Increase 1-10% No change Decrease 1-10% Decrease between 11-20% Decrease more than 20% 0% 5% 10% 15% 20% 25% 30% 5% 8% 28% 18% 15% 14% 7% 2% 3% Up by more than 30% Up by 20% to 30% Up by 10% to 19% Up by 5% to 9% Up by 1% to 4% Flat Down by 1% to 9% Down by 10% to 19% Down by more than 20% 0% 5% 10% 15% 20% 25% 30% 35% 40% 13% 21% 37% 14% 10% 1% 4% Increase more than 20% Increase between 11-20% Increase 1-10% No change Decrease 1-10% Decrease between 11-20% Decrease more than 20% 22% Too soon to tell. 30% Yes. 48% No. 0% 5% 10% 15% 20% 25% 30% 35% 6% 19% 33% 21% 15% 2% 4% Increase more than 20% Increase between 11-20% Increase 1-10% No change Decrease 1-10% Decrease between 11-20% Decrease more than 20% 0% 5% 10% 15% 20% 25% 30% 5% 8% 28% 18% 15% 14% 7% 2% 3% Up by more than 30% Up by 20% to 30% Up by 10% to 19% Up by 5% to 9% Up by 1% to 4% Flat Down by 1% to 9% Down by 10% to 19% Down by more than 20% 0% 5% 10% 15% 20% 25% 30% 35% 40% 13% 21% 37% 14% 10% 1% 4% Increase more than 20% Increase between 11-20% Increase 1-10% No change Decrease 1-10% Decrease between 11-20% Decrease more than 20% What is your estimate for your company's revenues for 2021 compared to 2020? 22% Too soon to tell. 30% Yes. 48% No. Increase more Increase between Increase Decrease Decrease between Decrease more 0% 5% 10% 5% 8% 28% 18% 15% 14% 7% 2% 3% Up by more than 30% Up by 20% to 30% Up by 10% to 19% Up by 5% to 9% Up by 1% to 4% Flat Down by 1% to 9% Down by 10% to 19% Down by more than 20% 0% 5% 10% 15% 20% 13% 21% 37% 14% 10% 1% 4% Increase more than 20% Increase between 11-20% Increase 1-10% No change Decrease 1-10% Decrease between 11-20% Decrease more than 20%

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