The COVID-19 pandemic took a toll on Kansas City Metro businesses in 2020, but many area executives are optimistic about 2021, according to results of First Business Bank’s Business Statistics & Trends Survey. In a discussion about the third-annual economic survey results, Mark Meloy, CEO of First Business Bank, speaks with Nancy Johnshoy, Market Strategist with First Business Bank, Michael Sullivan, Managing Director of Berkadia Real Estate Services, and Rob Barker, President – Kansas City Region for First Business Bank, about their reactions to local business performance and their experience within their own industries. The discussion focuses on:
- Kansas City business performance in 2020 and projections for 2021
- Hiring and wage trends
- Primary reasons cited for below-expected and above-expected business performance
- Industry differences within the local business landscape
A full copy of the First Business Bank’s Business Statistics & Trends Survey results can be found on our website.