Will you be expanding your work force in the next 12 months?
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57% said no change expected.
LOCAL BUSINESS CONDITIONS IN GENERAL
Are present business conditions better than a year ago?
55% said better or much better.
Will present business conditions improve in the short term?
63% said some or much improvement.
Will present business conditions improve in the next 5 years?
73% said some or strong improvement.
Do you expect there will be more or less unemployment in the next 12 months?
84% expected things to stay the same or for there to be less unemployment.
INTEREST RATES, SPENDING, AND REAL ESTATE
What do you think will happen to interest rates in the next 12 months?
65% said they expected a modest or sharp rise.
Do you think it is a good time or a bad time to buy a home?
61% said a good or very good time.
Do you think it is a good time or a bad time to purchase major household items or cars?
84% said a good or very good time.
Do you think buying a home will be more or less affordable six months from now?
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54% said same as now.
The Business Sentiment Survey is used to incorporate sentiment into our evaluation of local economic conditions.
If you are an officer or manager of a business or organization in Santa Barbara, San Luis Obispo or Ventura County, help us by taking the survey.
The entire survey can be completed in only a few minutes.
Sponsors have access to local, regional, and national data, with special emphasis on Santa Barbara, San Luis Obispo, and Ventura Counties.
Datasets span a broad range of interests including real estate, labor markets, financial institutions, educational establishments, economic indicators, and environmental factors.
All of the data are synthesized into a common, easy-to-use format that allows businesses to examine questions of interest using the most current data.
