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DRAFT <br /> <br />15 <br /> <br />Revenue and Employment Outlook <br />The businesses surveyed were also asked to predict their anticipated revenue and employment <br />outcomes over the next three to six months. Sixty-nine percent (69%) of businesses expect revenue to <br />decrease in the next three to six months, and twenty-three percent (23%) of the overall respondents <br />expect that decrease to be more than 50% of revenues collected during the same period in 2019. <br />Fourteen percent (14%) expect revenues to be about the same as in 2019. Seventeen percent (17%) <br />expect higher revenues in the next three to six months, although most of those respondents predict <br />modest increases of less than ten percent. <br /> <br />The three to six month employment outlook appears to be more stable. A large majority of businesses <br />(76%) expect to maintain the current size of their workforce as of August of 2020. Only two percent <br />(2%) anticipate additional layoffs and furloughs. Consistent with the seventeen percent (17%) of <br />respondents that expect higher revenues in the next three to six months, fifteen percent (15%) of <br />respondents also indicate that they intend to add workers during that timeframe. An additional seven <br />percent (7%) expect to recall currently furloughed employees. <br />70 <br />62 58 <br />19 <br />41 <br />18 <br />11 <br />20 <br />4 <br />0 <br />10 <br />20 <br />30 <br />40 <br />50 <br />60 <br />70 <br />80 <br />Decrease by <br />more than <br />50% <br />Decrease by <br />30-50% <br />Decrease by <br />10-30% <br />Decrease by <br />less than 10% <br />The same Up 10-30%Up 30-50%Up less than <br />10% <br />Up more than <br />50% <br />Three to Six Month Revenue Outlook <br />36