Economic Outlook Projections

2nd Q 2017 ACTUAL

Sales/business Volume Status Actual # of Businesses responding % of Businesses responding
Declining   4 14%
Steady 18 62%
Steady Growth   7 24%
Rapid Growth   0   0%

86% showing actual steady to rapid growth

3rd Q 2017 Projections

Sales/business Volume Status Actual # of Businesses responding % of Businesses responding
Declining   2    7%
Steady 21  72%
Steady Growth   6  21%
Rapid Growth   0    0%

93% projecting steady to rapid growth

4th Q 2017 Projections

Sales/business Volume Status Actual # of Businesses responding % of Businesses responding
Declining   2   7%
Steady 22 76%
Steady Growth   5 17%
Rapid Growth   0   0%

93% projecting steady to steady growth

  • Those who have employees on layoff at this time – 1 or 3%; 97% DO NOT have anyone on layoff

  • Those who project layoffs in 3rd and 4th quarters – 2 or 7%; 93% DO NOT project layoffs

  • Those who are or project hiring through 4th Q 2017 – 22 or 76% DO project hiring

Responding employers are comprised of the following types of businesses:

Manufacturing 15 52%
Distribution   4 14%
Office/Service   3 10%
Healthcare   6 21%
Education   1   3%
 

Surveyed employers in aggregate employ 11,000+ at this time (represents approx. 1/3 of current, total labor force)

1. Automation International
2. AutoZone
3. Blue Cross/Blue Shield
4. Bunge Milling
5. Carle Physicians Group
6. CCMSI
7.  Central States Dist. Service
8. Christie Clinic 
9.. Danville School District #118
10. Danville Metal Stamping 
11. Danville Polyclinic 
12. Dawson Logistics
13. DynaChem
14. Full-Fill Industries, LLC
15. Genpact
16. KIK
17. Masterguard 
18. McLane Midwest 
19. Mervis Industries 
20. Presence USMC
21. Quaker/Pepsico
22. The Sygma Network 
23. TH Snyder
24. thyssenkrupp Crankshaft 
25. thyssenkrupp Presta 
26. Trigard
27. Veterans Admin. Illiana Health Care
28. Viscofan 
29. Watchfire