Highest Rating in 10 Years
Bankers are strongly optimistic and confident on what 2018 holds for Wisconsin’s economy. That’s according to 100 Wisconsin bank CEOs and Presidents who contributed to the latest WBA Bank CEO Economic Conditions Survey.
The survey was conducted in December with 80% of the bankers rating Wisconsin’s current economic health as “good.” That was the highest rating by bankers in the last 10 years of the survey. Equally encouraging is the fact that 53% believe Wisconsin’s economy will grow over the first six months of 2018.
Business loans seem to be fueling that optimism with 59% saying that current demand is good with another 3% stating it is “excellent.” Demand for business loans will also increase according to 53% of respondents.
Below is a visual summary of the survey results.
*Statistics are shown as a percentage of total responses.