It was a good year to own a business in Northeast Wisconsin, at least according to First Bank. They conducted their 11th annual Economic Survey, which showed that three out of every four business executives reported a strong performance throughout 2019. That is an improvement from the 685 that called 2018 a good year.
Many predicted a down year due to the trade war with China, but the numbers indicate the exact opposite. Rick Hearden, Northeast Wisconsin Market president for First Business Bank, said “economic engines are humming along and predicting an even better 2020.” On top of that, wages rose in 93% of all business, with 74% saying that higher pay will likely be coming next year as well.
