ABI Survey Highlights Business Expectations and Challenges for Q4 2024
October 8, 2024
The Iowa Association of Business and Industry (ABI) has released the results of its latest business survey, highlighting expectations and concerns for the fourth quarter of 2024. ABI sent this survey to its board mid-September. The survey reflects a range of perspectives on sales, workforce stability, and broader economic conditions.
- 56% of respondents expect sales to remain steady in the fourth quarter.
- 53% of respondents plan to make capital expenditures in the fourth quarter, a slight decrease from Q3.
- 43% of respondents anticipate an increase in their workforce, a significant rise from the 14% reported in Q3.
- Economic sentiment remains cautious, with 60% of respondents expressing a neutral outlook on the overall economy.
