Welcome to The Outlook. Below, sixteen industry forecasts lead the way into 2016.
2016 Projection The U.S. gross domestic product will increase by 2.5 percent, and the Fed will raise the prime rate to at least 4 percent.
Diversity: Cheryl Clay, NAACP Springfield
2016 Projection “If Springfield does not reverse its climbing poverty trend, we will continue to see crime numbers increase and the way of life as we know it change.”
2016 Projection Annual revenue will be flat from a better-than-expected 2015 and enough to match federal funding for a 4-1 return on investment.
2016 Projection Materials prices will remain flat and the region will continue its struggle to secure specialty tradesmen.
2016 Prediction Hillary Clinton will win the presidential race, barring a campaign collapse under the weight of mounting investigations and allegations.
2016 Projection “Springfield is poised to see a shift in national perception of this market.”
2016 Projection More consolidation and slow, steady growth of the industry.
2016 Projection Branson tourism will increase by 1.5 percent to set a new record.
2016 Projection Co-working spaces will continue to transform and enrich the entrepreneurial community.
2016 Projection With interest rates and construction costs edging up, home sales and prices should increase 5-10 percent.
2016 Projection A robust job market and, thanks to strategic partnerships, renewed interest in lagging industries.
Technology: Jason Klein, Logic Forte and the Association of Information Technology Professionals
2016 Projection Developers will build on cloud infrastructure to increase mobile connectivity, and 3-D printing will go mainstream.
2016 Projection Commercial insurance carriers will follow Centers for Medicare & Medicaid Services in adopting new payment models aimed at reducing costs by incentivizing coordination of patient care.
2016 Projection Several nonprofit leaders will resign with retirements on the horizon.
2016 Projection Emerging technology changes will dramatically affect the industry as manufacturers come together in a new way.
2016 Projection “I think the biggest challenge all of us will face in the next year will be maintaining enrollment growth.”
The Bark Yard dog park and bar concept launched; Charity Fent Cake Design LLC moved; and a pair of business owners collaborated on opening The Hidden Hut LLC.
This poll is not a scientific sampling. It offers a snapshot of what readers are thinking.
Jeramey and Julia Henson, co-owners of HM Dentworks Academy, discuss the importance of family in work-life balance. They say you can’t make up for the major life events. HM Dentworks Academy is also co-owned by Chris McWhirter.
Rachel Barks, owner of Artistry Pottery, talks about her struggle with PXE, or Pseudoxanthoma elasticum, a disease that affects the eyes. She says that despite her struggle, she is ultimately thankful.
Jessica Burkland, a Missouri State University business instructor in the Department of Management, talks about small business start-up trends in a post-pandemic year. Burkland, who owns Activate Consulting & Training and volunteers as a small business mentor for SCORE of Southwest Missouri, says startups that offer new services and products to help people work from home or that enhance mental health could find greater success.
Jim and Debbie Meinsen, co-owners of TCI Graphics, say the past year has been one of the toughest they have faced. Now in the company's 50th year, the couple says they learned a few things in 2020.
Charlie Rosenbury, president of Self-Interactive, calls on his experience in programming to illustrate lessons he has learned running a business and life in general. Springfield Business Journal's 90 Ideas is presented by Great Southern Bank.
Darline Mabins talks with SBJ’s Christine Temple about growing up after a tragic accident took the lives of her mother and older brother. Mabins is now the regional branch sales manager for Arvest Bank. No Ceiling is an SBJ podcast, going in depth with local women, sharing their journey to the top of their professions.
Caleb Scott, owner, coach and player for Queen City Insane Asylum semi-professional football team, talks about the ways that the team works to support each other on and off the field. Scott says you can’t force people to become leaders, they have to come naturally.
Steve Williams, owner of Crosstown Barbecue, discusses the role relationships have played throughout the 51 years that Crosstown Barbecue has been in business. He says that while he puts effort into providing the best food he can, ultimately “people like to do business with people they like.”
Randy Bacon, professional photographer and humanitarian, relates his experience building relationships with clients since he became a photographer. He says building relationships with his clients and perfecting his craft are the most important things he does to spread his business.
Sandy Higgins, owner of the Crackerjack Shack, shares the reason behind the business’ name. She says part of the inspiration goes back to a painting her daughter had in her room when she was younger.