Economic study Wausau area - WAOW - Newsline 9, Wausau News, Weather, Sports

Economic study Wausau area


WAUSAU (WAOW)-- The Wausau Region Chamber of Commerce released a new study on the area economy.

  140 businesses responded to the questionnaire in early January. The survey took place after the announcement that the Brokaw paper mill and SNE in Mosinee would close. With that in mind, 71% of the respondents said they thought the economy was in rough shape. More than 80% thought it would be late 2012 or 2013 before the area saw a recovery.

   Economist, Clare Zempel said of the findings, " That was the most surprising result. All economic indicators are that things are getting better. I think they are being too pessimistic."

  Chamber President, Jeff Zriny, said businesses in the area are running lean these days an anticipating the economic turnaround. He says the key is to be ready for the up tick, otherwise businesses will be forced to lay catch up.

  Zriny adds that businesses and North Central Technical College are working together to meet the needs of area companies for skilled workers.

 For a look at the survey findings:

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