Tennessee Business Leaders Survey
The Boyd Center for Business and Economic Research created the Business Leaders Survey in August 2020. Responses are collected biannually from business leaders across the state to provide a unique perspective on Tennessee and the nation’s economy.
Responses from the most recent Tennessee Business Leaders Survey were provided in August 2024. Compared to this past winter, responses to inflation have decreased and fewer leaders believe there is a high chance that the U.S. will fall into a recession in the next year. About 45 percent believe that there is less than a 25 percent chance while 33 percent believe there is a 26 percent to 50 percent chance. Most respondents (88 percent) think that interest rates should be lowered within 3 to 6 months. Three in four respondents in our most recent Tennessee Business Leaders Survey said there were not enough appropriately trained workers for their industry, and half added that Tennessee should improve training and education opportunities to expand the supply of workers. We summarize key themes that emerge in our Summer 2024 report.
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