Greater Omaha Chamber Releases Economic Outlook Survey Results
Results of the Greater Omaha Chamber’s (www.omahachamber.org/economic-outlook) annual Economic Outlook survey were released on November 14 at their Economic Outlook Luncheon, with 60% of regional CEOs reporting sales revenue increases in 2018 relative to 2017. Further, 71% of CEOs said they expect 2019 sales revenue to increase over 2018 targets, leading analysts to infer a healthy economic outlook.
More than 100 of Greater Omaha’s CEOs completed this year’s Economic Outlook Survey. The majority of companies reported doing as well or better financially in 2018 as in 2017.
Furthermore, CEOs are most optimistic about their potential to grow sales revenue in 2019.
When viewed in conjunction with the Economic Outlook survey results, suggestions of prosperity in The Barometer appear to resonate with CEO’s perceptions:
- Entrepreneurs in Omaha earn twice as much as the US average
- High quality of life – with abundant arts and cultural opportunities (No. 2), quick commute times (No. 2) and accessible health care (No. 1)
- Innovation is consistently rising in Greater Omaha – with 5% growth since 2014, trending to surpass Nashville’s rating
- Business costs are low, with Omaha ranking second only to Louisville, KY
Overall, Omaha-Council Bluffs-Fremont’s economic growth continues to be about 22% above the U.S. average. Other characteristics, such as high educational attainment, low business costs, and abundant amenities, give Omaha a strong advantage in entrepreneurship, business climate and quality of life—characteristics regional CEOs recognize as supporting robust business growth.
For a comprehensive look at the Greater Omaha Chamber’s annual Economic Outlook survey results, visit www.omahachamber.org/economic-outlook. To contact the Chamber directly, call (402) 346-5000.