wbjournal.com | June 24, 2024 | Worcester Business Journal 11
M I DY E A R E C O N O M I C F O R E C AS T F O C U S
Commercial Banking
with the ABLE Bank.
Bill Spencer
VP, Commercial
Relationship Manager
Jeanie Connolly
SVP, Commercial
Relationship Manager
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Business Term Loans
Business Line of Credit
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Do you think you'll
have more or fewer
employees at the end
of 2024 than you had
at the start of
the year?
Has your ability to find people with the right skills for any
job opening improved since the beginning of the year?
Has the estimate of your company's performance for
2024 changed?
In April, the housing market showed signs of loosening,
as the number of sales increased by 8% year-over-year in
Worcester County, part of a 7% increase statewide, although
prices continued their sharp increase. What do you expect the
housing market to do in the second half of 2024?
The number of sales will spike
as prices continue to increase
The number of sales will
remain at low levels as prices
continue to increase.
Sales will continue to
accelerate as prices increases
begin to level off.
Sales volume will remain
low, and price increases will
level off.
6%
47%
21%
26%
More
employees
29%
The same
58%
Fewer
employees
13%
Yes, the employment
market has loosed
some.
No, it's still as hard as it was
heading into 2024.
We never had any significant
issues in finding good
applicants with the right skills.
24%
56%
20%
We're performing
ahead of expectations.
We're performing
according to plan.
We're running below
our expectations.
7%
53%
40%
