sheboygan county chamber 2015 economic outlook

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Page 1: Sheboygan County Chamber 2015 Economic Outlook

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Our Sponsor

Page 2: Sheboygan County Chamber 2015 Economic Outlook

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Executive Economic Outlook Wednesday, February 4, 2015

Sponsored by

Page 3: Sheboygan County Chamber 2015 Economic Outlook

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Employment

Page 4: Sheboygan County Chamber 2015 Economic Outlook

Q3: In the next 12 months do you anticipate your employment will:

2014: 49% increase45% same, 5.7% decrease2013: 36% increase, 62% same, 2.4% decrease2012: 27% increase, 66% same, 6% decrease2011: 34% increase, 56% same, 10% decrease

Page 5: Sheboygan County Chamber 2015 Economic Outlook

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Issues

Page 6: Sheboygan County Chamber 2015 Economic Outlook

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1. Talent Recruiting

& Retention

Page 7: Sheboygan County Chamber 2015 Economic Outlook

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2. Healthcare

Costs

Page 8: Sheboygan County Chamber 2015 Economic Outlook

Q4: Top five (5) business issues?

2014: Talent, Healthcare cost; then Competition, govt. regulation and skilled labor shortage.2013: Economic slowdown 1st; then healthcare, Taxes, 2012:Economic slowdown by a mile; then healthcare and taxes. 2011: Same as 2012

Page 9: Sheboygan County Chamber 2015 Economic Outlook

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Sales

Page 10: Sheboygan County Chamber 2015 Economic Outlook

Q5: Sales in first 3 quarters of 2014 vs first 3 quarters of 2013?

2014: 69% increase, 14% no change, 16% decrease2013: 61% increase, 17% same, 10% decrease2012: 62% increase, 14% same, 11% decrease2011: NA

Page 11: Sheboygan County Chamber 2015 Economic Outlook

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Outlook

Page 12: Sheboygan County Chamber 2015 Economic Outlook

Q6: ECONOMY in Sheboygan County in the next 12 months?

2014: 84% growth, 12% flat, >1% decline2013: 67% growth, 30% flat, 3% decline2012: 66% growth, 32% flat, 2% decline2011: NA

Page 13: Sheboygan County Chamber 2015 Economic Outlook

Q7: How do you believe YOUR BUSINESS will perform over the next 12 months?

2014: 85% growth, 10% flat, 3.5% decline2013: 76% growth, 22% flat, 2.5% decline2012: 74% growth, 20% flat, 6% decline2011: NA

Page 14: Sheboygan County Chamber 2015 Economic Outlook

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What Should the Chamber Do?

Page 15: Sheboygan County Chamber 2015 Economic Outlook

15Top Issues the Chamber and its Members Will Address:

Recruiting and retaining talentBuilding Skilled Labor pipelinePromote the assets of Sheboygan

CountyEducate/advocate healthcare cost

saving strategiesPromote doing business locally

Page 16: Sheboygan County Chamber 2015 Economic Outlook

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Box Score Compilations2006 TO PRESENT

Page 17: Sheboygan County Chamber 2015 Economic Outlook

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Percent Unemployed0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

Percent Unemployed

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 18: Sheboygan County Chamber 2015 Economic Outlook

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Unemployed0

1,000

2,000

3,000

4,000

5,000

6,000

Unemployed

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 19: Sheboygan County Chamber 2015 Economic Outlook

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Manufacturing0

5,000

10,000

15,000

20,000

25,000

30,000

Employed in Manufacturing

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

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Trade0

5,000

10,000

15,000

20,000

25,000

Employed in Trade

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 21: Sheboygan County Chamber 2015 Economic Outlook

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Services0

5,000

10,000

15,000

20,000

25,000

30,000

Employed in Services

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 22: Sheboygan County Chamber 2015 Economic Outlook

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Mortgages0

100

200

300

400

500

600

700

800

900

Mortgages

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 23: Sheboygan County Chamber 2015 Economic Outlook

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New Cars0

200

400

600

800

1000

1200

1400

1600

1800

2000

New Car Purchases

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 24: Sheboygan County Chamber 2015 Economic Outlook

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New Trucks0

500

1000

1500

2000

2500

3000

New Truck Purchases

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 25: Sheboygan County Chamber 2015 Economic Outlook

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New Motorcycles0

100

200

300

400

500

600

700

800

900

New Motorcycle Purchases

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 26: Sheboygan County Chamber 2015 Economic Outlook

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Total Permits0

500

1,000

1,500

2,000

2,500

3,000

3,500

Building Permits

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 27: Sheboygan County Chamber 2015 Economic Outlook

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Total Value0

50,000,000

100,000,000

150,000,000

200,000,000

250,000,000

300,000,000

Building Permit Total Value

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 28: Sheboygan County Chamber 2015 Economic Outlook

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Commercial Total Value0

50,000,000

100,000,000

150,000,000

200,000,000

250,000,000

300,000,000

350,000,000

400,000,000

Commercial Total Value

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 29: Sheboygan County Chamber 2015 Economic Outlook

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Commercial Industrial0

5

10

15

20

25

30

Commercial Industrial Buildings

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 30: Sheboygan County Chamber 2015 Economic Outlook

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30OUR DISTINGUISHED PANEL

Dr. Ashok RaiCEO, Prevea

Dane Checolinski Director, Sheboygan County Economic Development Corp.

Jodi SchoernerVP Finance, Masters Gallery Foods

Tim Schneider CEO, Investors Community Bank

Page 31: Sheboygan County Chamber 2015 Economic Outlook

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Thank you!