Hartford Business Journal Special Editions

NBT Bank Survey Section

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ECONOMIC OUTLOOK SURVEY | HARTFORDBUSINESS.COM 9 ECONOMIC OUTLOOK SURVEY WHAT IS YOUR ESTIMATE FOR YOUR COMPANY'S REVENUE PER- FORMANCE FOR 2023 COMPARED TO 2022? WHAT IS YOUR ESTIMATE FOR YOUR COMPANY'S BOTTOM LINE (NETINCOME/PROFIT) PERFORMANCE FOR 2023 COMPARED TO 2022? DECREASE MORE THAN 20% NEW PRODUCTS NEW CUSTOMERS TAXES INFLATION ENERGY COSTS REGULATORY PROCESS HEALTH- CARE COSTS WORK- FORCE SHORTAGE BETTER RETENTION RATE OF CURRENT CUSTOMERS CURRENT CUSTOMERS BUYING MORE DECREASE 11 TO 20% DECREASE 1 TO 10% NO GROWTH INCREASE 1 TO 10% DECREASE MORE THAN 20% DECREASE 11 TO 20% DECREASE 1 TO 10% NO GROWTH INCREASE 1 TO 10% INCREASE 11 TO 20% INCREASE MORE THAN 20% INCREASE 11 TO 20% INCREASE MORE THAN 20% 2.67% 4.44% 13.78% 18.22% 43.78% 12.22% 4.89% 3.12% 5.12% 16.26% 22.49% 38.98% 9.58% 4.45% IF YOU ANTICIPATE REVENUE GROWTH, WHERE WILL IT COME FROM? WHAT'S THE BIGGEST IMPEDIMENT TO BUSINESS GROWTH IN CONNECTICUT? 20.99% 71.60% 31.48% 37.96% 32% 18.35% 10.59% 7.29% 9.18% 22.59% 80% 70% 60% 50% 40% 30% 20% 10% 0% 50% 40% 30% 20% 10% 0% 40% 35% 30% 25% 20% 15% 10% 5% 0 35% 30% 25% 20% 15% 10% 5% 0

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