This survey is a unique opportunity for business owners and key decision-makers in our region to share their insights on the current economic climate and contribute to valuable data that directly informs the Federal Reserve, service providers, policymakers, and others.
The BOTS survey collects data on regional businesses, offering early insights into economic changes before they appear in national data. By understanding why and how trends are occurring, this data helps shape informed decisions at various levels of governance and business strategy. The survey covers crucial aspects such as regional demand for goods and services, labor markets, prices, and costs.
Why Your Participation Matters
Influence Policy and Decisions:
Your input helps ensure that the perspectives and needs of local businesses are represented in national monetary policy discussions. This data directly impacts decisions made by the Federal Reserve and other policymakers.
Gain Valuable Insights:
The analysis provided through the survey results will give you a clearer understanding of economic conditions in our region. This intelligence can inform your business decisions, helping you stay ahead of market trends and adjust strategies accordingly.
Support Local Economic Development:
By contributing to the survey, you support the overall economic health of the Toledo region. The aggregated data can highlight areas needing attention and drive initiatives to strengthen our local economy.
How Would You Rate the Economic Outlook for Local Businesses?
Participating in the BOTS survey is simple and takes only five minutes. Your responses are confidential, and you do not need to provide any personal information. The survey is open to all for-profit businesses currently operating in Ohio, western Pennsylvania, eastern Kentucky, or the northern panhandle of West Virginia.
To take the survey, visit: https://bit.ly/3WkjzVU. The survey closes on August 27, 2024, so please make sure to complete it by then.
Help Us Spread the Word
We encourage you to share this opportunity with other business owners and key decision-makers in your network. The more responses we gather, the more accurate and useful the data will be. Your participation is crucial in helping us capture a comprehensive picture of our region's economic landscape.
For any questions or additional information, please contact the Cleveland Fed’s Regional Analysis Group at [email protected].
Together, we can ensure that the voices of our local businesses are heard and that we continue to drive economic growth and resilience in the Toledo region. Thank you for your valuable contribution to this important initiative.