12 Hartford Business Journal • decemBer 28, 2015 www.HartfordBusiness.com
BOOK OF LISTS 2015-2016
Economic Survey
H
artford Business Journal readers are not overly optimistic about 2016, with 61 percent
saying Connecticut's economy will decline slightly or remain the same next year.
About 50 percent of readers say they don't plan to hire in 2016. An even great-
er percentage of readers say they won't raise capital next year.
Those were some of the major findings in Hartford Business Journal's 2016
economic outlook survey, which is featured in the next few pages.
The survey was emailed to more than 11,000 HBJ Today subscribers. The unscientific
results were gathered over a three-week period in November and garnered 266 respon-
dents. The survey provides a window into how the region's economy may perform in 2016.
Here are the full results:
SURVEY
0 5 10 15 20 25 30 35
How will Connecticut's economy fare in 2016 compared to 2015?
Do you think Greater Hartford's economy is
in better or worse condition today than it
was at this time last year?
By what percentage do you expect your
employee base to grow in 2016?
Do you plan to hire additional staff in 2016?
Do you have plans to expand in 2016?
Improve significantly
Improve slightly
Remain the same
Decline slightly
Decline significantly
3.76%
27.07%
28.20%
33.08%
7.89%
Not sure
22.26%
Better
32.45%
Worse
45.28%
Too soon
to tell/
I don't know
25.19%
Yes
29.32%
No
45.49%
1.
2.
4.
3.
5.
No
56.60%
Yes, with new
product lines
11.70%
Yes, with a
combination of
some or all
of the above
20.00%
Yes, with
expansion into
new geographic
territories
9.43%
Yes, with
new or
expanded
facilities
2.26%
5.5% to 10%
6.04%
No growth
42.26%
0.1% to 5%
36.23%
Negative growth
10.94%
10.5% or more
4.53%
