Hartford Business Journal Special Editions

NBT Bank Survey Section

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10 HARTFORDBUSINESS.COM | ECONOMIC OUTLOOK SURVEY ECONOMIC OUTLOOK SURVEY CONTINUE TO INCREASE WILL PEAK BUT REMAIN HIGH OVER 6% 5% TO 6% 4% TO 5% 3% TO 4% NOT SURE WILL BEGIN TO DECLINE WILL DECLINE MEANINGFULLY TOWARD THE FED INFLATION TARGET OF 2% DECREASE REMAIN FLAT INCREASE INFLATION RISING INTEREST RATES SUPPLY CHAIN ISSUES NONE OF THE ABOVE WHAT DO YOU EXPECT HOUSING PRICES TO DO IN 2023? WHAT ARE YOUR EXPECTATIONS FOR INFLATION IN 2023? WHICH MACROECONOMIC ISSUE IS HAVING THE MOST IMPACT ON YOUR BUSINESS? AT WHAT LEVEL DO YOU EXPECT THE FED FUNDS RATE TO PEAK? 55.09% 33.19% 11.73% 46.02% 20.35% 22.35% 11.28% 30.16% 25.83% 37.97% 33.55% 2.65% 27.72% 13.53% 3.33% 25.28% 35% 30% 25% 20% 15% 10% 5% 0 40% 35% 30% 25% 20% 15% 10% 5% 0 50% 40% 30% 20% 10% 0% 60% 50% 40% 30% 20% 10% 0%

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