The COVID-19 pandemic took a toll on Southeast Wisconsin 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 12th annual economic survey results, Mark Meloy, CEO of First Business Bank, speaks with Chris Adee, CFO at OwnersEdge, Inc., Nancy Johnshoy, Market Strategist with First Business Bank, W. Kent Lorenz, Retired Chairman & CEO of Acieta and automation consultant, and Kevin Kane, President – Southeast Wisconsin Region for First Business Bank, about their reactions to local business performance and their experience within their own industries. The discussion focuses on:
- Southeast Wisconsin 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.