YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
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: 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.
