Manage episode 522333689 series 3322723
This week on Chamber Amplified from the Findlay-Hancock County Chamber of Commerce, we’re joined by Brooke Dirtzu from the Federal Reserve Bank of Cleveland to break down the Business Outlook and Trends Survey (BOTS) and why you should take part.
The BOTS survey is a short, five-minute snapshot of what your business is experiencing, things like demand, prices, staffing, wage. Those responses become part of the data the Federal Reserve uses to understand economic conditions across our district. Even better? If we collect 50 or more responses in Hancock County, the Chamber will receive a custom local economic report, giving you early insight into trends before they appear in standard published data.
We talk about:
- How small businesses play a major role in informing monetary policy
- What the spring survey told us about staffing, wages, and business conditions
- How the data can help your business, and the Chamber, plan for the year ahead
- Which industries the Fed hopes to hear more from (hint: all of them!)
If you're a local business owner or manager, the BOTS survey is one of the easiest, most impactful ways you can shape the economic narrative of our region - and it only takes a few minutes.
Take the survey here. Survey runs through December 15.
Music and sound effects obtained from https://www.zapsplat.com
Chapters
1. Welcome And Episode Setup (00:00:00)
2. What The BOTS Survey Is (00:00:47)
3. How Small Firms Influence Policy (00:03:25)
4. Spring Findings And Key Metrics (00:05:41)
5. Local Value Of 50+ Responses (00:09:10)
6. Access, Links, And Confidentiality (00:12:06)
7. Who Should Participate (00:15:02)
8. Brooke’s Path Into Economics (00:18:15)
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