Economic Outlook Projections

3rd Q 2016 ACTUAL

Sales/business Volume Status Actual # of Businesses responding % of Businesses responding
Declining   6 19%
Steady 22 69%
Steady Growth   4 12%
Rapid Growth   0   0%

81% showing actual steady to rapid growth

4th Q 2016 Projections

Sales/business Volume Status Actual # of Businesses responding % of Businesses responding
Declining   5  16%
Steady 24  75%
Steady Growth   2   6%
Rapid Growth   1   3%

84% projecting steady to rapid growth

1st Q 2017 Projections

Sales/business Volume Status Actual # of Businesses responding % of Businesses responding
Declining   1   3%
Steady 23 72%
Steady Growth   8 25%
Rapid Growth   0   0%

97% projecting steady to steady growth

  • Those who have employees on layoff at this time – 0 or 0%; 100% DO NOT have anyone on layoff

  • Those who project layoffs in 4th and 1st quarters – 3 or 9%; 91% DO NOT project layoffs

  • Those who are or project hiring through 1st Q 2017 – 22 or 69% DO project hiring

Responding employers are comprised of the following types of businesses:

Manufacturing 18 56%
Distribution   4 13%
Office/Service   3   9%
Healthcare   6 19%
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 Distribution Service
8. Christie Clinic 
9. Danville School Distric #118 
10. Danville Metal Stamping 
11. Danville Polyclinic 
12. Dawson Logistics
13. DynaChem 
14. Fiberteq
15. Flex-N-Gate Plastics 
16. Freight Car Services 
17. Full-Fill Industries, LLC
18. Genpact 
19. KIK
20. Masterguard
21. McLane Midwest
22. Mervis Industries
23. Presence USMC
24. Quaker/Pepsico
25. The Sygma Network
26. TH Snyder
27. thyssenkrupp Crankshaft 
28. thyssenkrupp Presta
29. Trigard
30. Veterans Admin. Illiana Health Care
31. Viscofan
32. Watchfire Signs