Home Focus On State COO Geballe optimistic about state’s future, but CBIA survey indicates otherwise

State COO Geballe optimistic about state’s future, but CBIA survey indicates otherwise

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According to the new CBIA survey, 47% of businesses expect to see a profit this year – down considerably from 77% last year – with 28% forecasting a loss (versus 11% in 2019) and 25% hoping to break even (versus 13% last year).

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