Chicago-area business leaders are taking a markedly more positive view of the local economy as COVID-19 vaccines spread throughout the population, according to the latest Crain’s-Harris Poll. Thirty-two percent of business leaders surveyed now say business conditions are improving in Chicago, and 44% say the same about the state, Crain’s Chicago Business Reported.
Just 36% and 28%, respectively, say conditions are declining. That compares to a whopping 55% who saw declining business conditions when the pandemic was rapidly deepening this past November.
The 200 area business leaders surveyed were even more optimistic about what conditions will be like later this year.
The share of leaders who say Chicago’s economy will be good or very good in six months jumped 12 percentage points since the last Executive Pulse Survey to 56%, with the state matching that figure, up 14 percentage points. That’s just short of the national figure, 60%.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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