Wisconsin technology executives who responded to the most recent WisBusiness.com Tech Leaders Survey expressed considerably more optimism about the state’s economy than those a year ago.
While 68 percent of respondents rated the state’s economy as only fair, there was a seven percentage-point increase from a year ago in the number of respondents who said the state’s economy is in good condition and a five percentage-point decrease in those who said it was poor.
Eighteen percent of survey respondents believe the state’s economy is good, compared with 11 percent a year ago.
There was a 15 percentage-point increase from a year ago in survey respondents who said the condition of Wisconsin’s economy will get better during the next 12 months. Sixty percent of industry executives who responded to the most recent Tech Leaders Survey believe the state’s economy will get better during the next year, compared to 44 percent a year ago.
“The tech executives who responded to the most recent Tech Leaders Survey expressed the most optimism about Wisconsin’s economic recovery that we’ve seen in more than a year,” said Tom Still, president of the Wisconsin Technology Council. “What is even more encouraging is the dramatic increase in the number of tech industry leaders who believe the state’s economy will get better between now and the end of the year. Perceptions about the condition of the executive’s industry and the prospects for their company also improved. If all of these key business measures continue to improve, it bodes very well for the growth of Wisconsin’s technology sector.”
