Quarter of GJ businesses plan staff cuts, survey shows
Almost a quarter of the local businesses that responded to a recent survey plan on decreasing staffing levels, 62 percent surveyed plan on cutting spending and nearly half believe sales will decrease in the next six months.
The Grand Junction Area Chamber of Commerce conducted the online survey of its members and received responses from close to 200 businesses, or about 17 percent of those invited.
“We wanted to get the pulse of what the business community was thinking,” said Diane Schwenke, chamber director. “I have never seen economic conditions change so quickly.”
The chamber hosted its first economic briefing in late November to update various business professionals throughout the Grand Valley on recently reported news about retail, banking and real estate, among other issues. The chamber is planning to host the next economic briefing in March, Schwenke said.