Less than half of area businesses expect profit gains in Q2

Only 49% of area businesses expect their profits to grow during the second quarter of 2023 and 22% expect profit declines, according to the latest Business Outlook Survey conducted by the Metropolitan Milwaukee Association of Commerce. Of those surveyed, 50% expect job gains during the second quarter (compared to a year ago), while only 14%

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Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.