wbjournal.com | December 23, 2024 | Worcester Business Journal 7
ECONOMIC FORECAST 2025
A major tenant in the economic
plan of the incoming President
Donald Trump Administration calls
for implementing and raising tariffs
on goods and materials imported
into the U.S. How will an increase in
tariffs impact your business?
The coronavirus pandemic has
expanded work from home options
for many companies. Do you
anticipate any change in your use of
office space in the next year or when
your lease expires?
We plan an
expansion
of our office
space.
We plan no
changes in
our office
space needs.
We plan on
reducing our
office space
when our lease
comes up.
We own our
building, so
it's not a
variable for us.
2023
2022
Are you considering purchasing an
electric vehicle for either business
or personal use in 2024?
How concerned are you that you'll be able to find people with the right skills
for when you hire for any job openings?
0
10%
20%
30%
40%
50%
60%
70%
2023 2022 2021 2020 2019 2018 2017 2016
Very concerned
Mildly concerned Not at all concerned
2024
Net negative
49%
No impact
35%
Net positive
16%
2024
4%
9%
41%
10%
41%
14%
53%
16%
17%
48%
16%
27%
If you have employees working
from home, what percentage of
your workforce is working from
home any given day?
We don't have
anyone working
from home
Less than 10%
11-25%
51-75%
We're 100%
remote
26-50%
76-99%
35%
22%
11%
11%
9%
8%
4%
No, I'm not
planning on
purchasing
any vehicles
next year.
49%
No, I'm
purchasing an
all-gasoline
vehicle.
34%
Yes, a hybrid
vehicle
Yes, an electric
vehicle
12%
5%
0
10%
20%
30%
40%
50%
60%
70%
2023 2022 2021 2020
Increase
Remain flat Decrease
2024
What do you expect housing prices to do next year?
