YOUR BUSINESS AUTHORITY
They said it. We're reporting it. Fifteen industry forecasts lead the way into 2020.
Projection: Even with the uncertainty of this election year, everybody’s boats will be pretty full throughout 2020 with a strong volume of construction projects.
Projection: Legislative progress will slow in 2020 as lawmakers prepare for the November election.
Projection: Springfield will continue having events to encourage discussion. But at some point, talk has to turn into action.
Projection: Springfield’s small-business economy won’t experience significant growth in 2020, but it is a healthy place for a youthful workforce.
Projection: Local focus will remain on community health efforts to stay educated and prepared for whatever comes next.
Projection: Banking remains strong, but it must remain adaptive with new technology and prepare as the next recession looms.
Projection: There will be softness and a wait-and-see attitude that could affect the economy and limit industry growth.
Projection: Branson will have its best year on record.
Projection: Nonprofits will be challenged to bring in new donors for operational costs.
Projection: Quality of place is going to become a big factor in economic development.
Projection: Springfield’s food scene will shift in 2020 as big-name restaurants change ownership or close their doors.
Projection: The technology industry will see more focus on the health and utilization of data in the workplace in order to make faster and better decisions.
Projection: The shopping local trend will continue to grow as online ordering from places like Etsy, thought to be synonymous with shopping small, is getting tired.
Projection: Elder law, intellectual law, law related to the #MeToo movement, health care and cannabis, are going to occupy the profession.
Projection: Schools will have to be innovative and adapt to the trends of growing acceptance of online education, the broadening of transnational education and filling in the skills gap.
The iTooth Family Dentistry facility under development in south Springfield is centered on patient care.