The Corridor Poll(TM) and Index
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The survey found that in Q4 2008, businesses were represented from a broad range of industries and employee sizes. Both working capital and stock prices were dramatically affected, and there was a significant reduction in new building permits and a slight reduction in employee work hours. For Q1 2009, large reductions in anticipated expenditures for travel and education were expected, along with reductions extending to salaries and benefits, though a modest increase in expenditures for raw materials was anticipated.
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The Corridor Poll(TM) and Index
- 1. The Corridor Poll™ Quarterly Economic Survey First Quarter-2009 January 2009
- 2. Findings Industry A broad range of businesses were represented
- 3. Findings Number of Employees A broad range of businesses were represented
- 4. Findings—Q4 2008 Price of stock Both working capital and stock prices were dramatically affected
- 5. Findings—Q4 2008 New building permits A significant reduction in building permits taken out
- 6. Findings—Q4 2008 Employee hours per week A slight reduction in the reported number of hours worked
- 7. Findings—Q1 2009 Anticipated expenditures for travel and education Large reductions expected
- 8. Findings—Q1 2009 Anticipated expenditures for salary & benefits Reductions extend into salaries and benefits
- 9. Findings—Q1 2009 Anticipated expenditures for raw material An modest increase in expenditures is expected
- 10. Findings Business Decision Makers The Local Economy and their Business
- 11. The Corridor Poll Index™
- 12. The Corridor Poll™ Quarterly Economic Survey First Quarter-2009 January 2009