ISELIN, NJ—Businesses in the Garden State performed better in2014 than in 2013 and are more optimistic about the next 12 months,with significant growth expected in 2015, according toyear-over-year survey data released earlier this week byThe Provident Bank.
Provident Bank's 2014 Business Barometer, which surveyed morethan 300 business owners of New Jersey-based businesses, found that43% of companies felt their business performed “great” or “good” inthe past 12 months, compared to only 37% in 2013.
The bank also reports that 82% of respondents say they areeither somewhat or very optimistic about the coming year, comparedto 78% in 2013. Fifteen percent of respondents say they expectgrowth of 10% or more in the coming year, compared to 12% lastyear.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
