U.S. Economic Developers Express Renewed Optimism for the Future; Prospect Activity Grows but Moderates

According to a bi-annual survey of 190 economic developers across the U.S. conducted in January 2012 by Avalanche Consulting, Inc., perceptions about the national economy have greatly improved. Just less than half (49%) of economic developers indicate the national economy as poor or very poor, a sizeable improvement from our last survey result of 77%. Forty-two percent of economic developers indicate a “neutral” perception of the national economy.