Economic Outlook Projections

3rd Q 2019 ACTUAL

Sales/business Volume Status Actual # of Businesses responding % of Businesses responding
Declining   2   8%
Steady 20 69%
Steady Growth   7 24%
Rapid Growth   0   0%

93% showing actual Steady to Rapid growth

Declining represents 1 Manufacturing & 1 Distribtuion 

4th Q 2019 Projections

Sales/business Volume Status Actual # of Businesses responding % of Businesses responding
Declining   3 10%
Steady 21 73%
Steady Growth   5 17%
Rapid Growth   0    0%

90% projecting Steady to Rapid growth

Declining represents 3 Manufacturing

1st Q 2020 Projections

Sales/business Volume Status Actual # of Businesses responding % of Businesses responding
Declining    0   0%
Steady 19 66%
Steady Growth   9 31%
Rapid Growth   1   3%

100% 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 quarter 2019 and 1st quarter 2020 – 3 or 10%; 90% DO NOT project layoffs

  • Those who are or project hiring through 1st quarter 2020 – 20 or 69% DO project hiring

Responding employers are comprised of the following types of businesses:

Manufacturing 16 56%
Distribution   4 14%
Office/Service   3 11%
Healthcare   5 17%
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 

5.  Carle

6.  Central States Distribution Service

7.  CCMSI

8.  Christie Clinic

9.  Danville District #118

10.  Danville Metal Stamping

11.  Dawson Logistics 

12.  DynaChem

13. Flex-N-Gate

14.  Full-Fill

15.  Genpact

16.  KIK

17.  McLane

18.  Mervis 

19.  OSF HealthCare

20.  Quaker/Pepsico

21.  Silgan 

22.  Sygma

23.  Teasdale Foods

24.  thyssenkrupp Crankshaft 

25.  thyssenkrupp Presta 

26.  Trigard

27.  VA Illiana Healthcare

28.  Viscofan

29.  Watchfire Signs