Summit County business barometer indicates decline in the first quarter |

Summit County business barometer indicates decline in the first quarter


The Summit County business barometer, a quarterly survey conducted to feel the economic pulse of our local business community, dropped to a reading of 3.29, on a scale of 1 to 5 with 5 being the highest, for the first quarter of 2007.

This compares to a 2006 year end reading of 3.49 and marks the lowest level for this index since data was first collected at the beginning of 2006.

The business outlook index also declined significantly, from 4.38 last quarter, to 3.83 this quarter.

The survey was recently expanded to include better defined business categories and, for the first time, the survey was available to all Summit County business owners and professionals. Previous surveys were only available to Summit Chamber of Commerce members.

The next survey comes out in late July or early August and can be accessed on the Summit Daily News website by typing “business barometer” in the search box and then clicking on the link at the bottom of the first article.

Comments and suggestions can be directed to the chamber office at (970) 668-2051 or Mark Nunn, Edward Jones in Frisco at (970) 668-3811.

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