Gazing into the new year, members of the Mobile Area Chamber of Commerce see better times on the horizon.
Some 65% of respondents to the Chamber’s poll said they believe their business will be in better shape in 2022 than in 2021. During the October 2021 poll, the chamber received 257 responses from members in 17 different industries.
Local business professionals weren’t so certain that the nation’s economy would improve, but were confident about the local scene.
“We are excited to see the optimism of member businesses that responded to our survey,” said David Rodgers, vice-president of economic development for the Mobile Area Chamber of Commerce. “The State of the Economy event is always a great opportunity to share results and provide insights on economic development.”
Key challenges for businesses heading in to 2022 are:
- attracting & retaining qualified employees
- the global supply chain
- recovering from COVID-19.
“When asked to rate their company’s performance expectations in 2022, most respondents are forecasting a slight increase in sales, profits and hiring with 65% believing their business will be in better shape over the next year,” the chamber said in announcing the result.
You can view full survey results here.