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Retailers misjudge shopper priorities, loyalties amid rising costs, said Rakuten report
More than half of consumers say they plan to prioritize products with the lowest prices when shopping in the coming months, while only 5% of retailers think shoppers will choose to trade down to lower quality products and less expensive brands.
CNU poll shows tight race for GA control
A poll of 800 likely Virginia voters shows a tight race for party control of the General Assembly, which is currently split between Democrats controlling the state Senate and a Republican majority in the House of Delegates. According to results released Tuesday by Christopher Newport University’s Wason Center for Civic Leadership, 42% of respondents say […]
Va. CEOs expect increased sales despite shortages
About 70% of CEOs expect sales to increase in the next six months, despite supply chain and labor shortages, according to the first quarter CEO Economic Outlook survey conducted by the University of Richmond’s Robins School of Business and the Virginia Council of CEOs (VACEOs). Ninety percent of CEOs reported a labor shortage impacting their […]
Virginia Society of CPAs’ 2022 Virginia Economic Expectations Survey interviews
HAMPTON ROADS Richard E. Groover, CPA Shareholder | Wall, Einhorn & Chernitzer PC Norfolk What local industries/sectors do you think have potential for growth? Continued growth around the Port of Virginia and green energy. … Entrepreneurs and local leaders have made substantial investments to tee up this area as part of a wind turbine corridor […]
Virginia Society of CPAs’ 2022 Virginia Economic Expectations Survey results
Read more: Virginia Society of CPAs’ 2022 Virginia Economic Expectations Survey interviews and post-pandemic work models
Remote possibilities
Before the coronavirus pandemic, LaToya Jordan regularly missed small moments in her children’s lives — like seeing her young son getting off the bus each day. She commuted to downtown Richmond or to a client site and arrived home after her children. The state agency where she works allowed telecommuting one day a week, and […]
Va. CEOs expect sales, employment to increase
Almost 70% of CEOs expect sales to increase over the next six months, and about 60% expect employment to increase, according to a third quarter survey conducted by the University of Richmond’s Robins School of Business and the Virginia Council of CEOs (VACEOs). Compared to answers from the CEO Economic Outlook Survey conducted at the […]
NoVa biz leaders optimistic about recovery
Northern Virginia businesses are optimistic about economic recovery but are feeling the effects of labor shortages, according to the 2021 Northern Virginia Workforce Index released Wednesday by Northern Virginia Community College and the Northern Virginia Chamber of Commerce. Fifty-one percent of employers said that they felt “somewhat optimistic” and 24% felt “very optimistic” abo[...]
VCU poll shows McAuliffe with 9-point lead in governor’s race
A new statewide poll from Virginia Commonwealth University shows Democratic former Virginia Gov. Terry McAuliffe with a nine-point lead over Republican gubernatorial candidate Glenn Youngkin, a far different take than the much tighter race indicated by a Washington Post-George Mason University poll released Saturday. VCU’s L. Douglas Wilder School of Government and Public Affairs released [&[...]
Roanoke Valley office occupancy increases by 1%
The Roanoke Valley office market saw a 1% increase in office occupancy in 2020, ending the year with an 88% occupancy rate, according to Poe & Cronk Real Estate Group’s 34th Annual Office Market Survey. These figures are a promising sign “in one of the most challenging years in recent memory,” Poe & Cronk states, […]
Labor market continued slow recovery in early November
The labor market continued its slow recovery during the week of Nov. 8, according to Virginia Commonwealth University and Arizona State University economists. Early November saw 69.9% of working age adults employed, which is still far below the 73.8% employment rate from February right before the pandemic, according to the Real-Time Population Survey conducted by […]
Survey: Economic, cultural impact of virus concern Va. execs
A newly released survey finds that Virginia business and nonprofit leaders are concerned not only about the financial but the cultural impact of the COVID-19 pandemic. The Culture Conundrum survey, which polled 365 leaders across Central Virginia, Hampton Roads and Northern Virginia, was conducted from May 19-31 by Williamsburg-based marketing research firm Brand Planning LLC […]
