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Statewide Results
HIRING AND INVESTMENT PLANS
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New hiring likely, slight upswing in technology
and equipment purchases |
Significant net gain in hiring likely
37% increase employment 7% decrease employment |

June 2005 Mass Economic Assessment and Analysis Project
Conducted by the University of Massachusetts Lowell Poll
Slight gain in computer and information technology purchases
35% more than last year 24% less than last year |
Slight gain in capital equipment other than computers and information
technology
32% more than last year 37% less than last year |
June 2005 Mass Economic Assessment and Analysis Project
Conducted by the University of Massachusetts Lowell Poll
While 37% of CEO's plan to increase employment over the next three months with only 8% planning to decrease employment, technology and equipment purchases do not show the same kind of strength. Over the next year, investment in computer technology and other capital equipment is up only slightly, 35% plan to increase such purchases while 24% plan to decrease them. It appears businesses are much more likely to hire than purchase equipment yet both indicators indicated an increase in economic activity. |
Questions
"In the next three months, is it more likely that you will increase, not change, or decrease the number of employees in your organization?"
"How much do you plan to invest in computer and information technology in the coming year?"
"How much do you plan to invest in new capital equipment other than computers and information technology in the coming year?" |
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| A joint project of |
 |
 |
John W. McCormack
Graduate School
of Policy Studies |
Center for Economic
and Civic Opinion |
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