Economic Outlook Projections

2nd Q 2020 ACTUAL

Sales/business Volume Status Actual # of Businesses responding % of Businesses responding
Declining 13 43%
Steady  10 33%
Steady Growth   5 17%
Rapid Growth   2   7%

57% showing actual Steady to Rapid growth

Declining represents 8 Manufacturing, 4 Healthcare, 1 Office  

3rd Q 2020 Projections

Sales/business Volume Status Actual # of Businesses responding % of Businesses responding
Declining   5 17%
Steady 15 50%
Steady Growth   9 30%
Rapid Growth   1   3%

83% projecting Steady to Rapid growth

Declining represents 3 Manufacturing, 1 Healthcare, 1 Office

4th Q 2020 Projections

Sales/business Volume Status Actual # of Businesses responding % of Businesses responding
Declining   3 10%
Steady 16 54%
Steady Growth 10 33%
Rapid Growth   1   3%

90% showing actual Steady to Rapid growth

  • Those who have employees on layoff at this time – 3 or 10%; 90% DO NOT have anyone on layoff

  • Those who project layoffs in 3rd Q and 4th Q 2020 – 4 or 13%; 87% DO NOT project layoffs

  • Those who are or project hiring through 4th Q 2020 – 24 or 80% DO project hiring

Responding employers are comprised of the following types of businesses:

Manufacturing 18 60%
Distribution   4 13%
Office/Service   2   7%
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 Milling

5.  Carle

6.  CCMSI

7.  Central States Distribution Service

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. Hyster-Yale

17. KIK

18. Master Guard

19. Mervis Industries

20. OSF Healthcare

21. Quaker/Pepsico

22. Silgan Containers

23. SYGMA Network

24. TH Snyder

25. thyssenkrupp Crankshaft

26. thyssenkrupp Presta

27. Trigard

29. Veteran's Administration

29. Viscofan

30. Watchfire Signs