NEWS FLASH: BizFed Pulse Poll results are surprising!

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Taxes, regulations, housing and homelessness top concerns for LA County businesses
LA Daily News
High housing costs ranked among the top concerns for Los Angeles County businesses in BizFed�s latest poll. (Photo by Watchara Phomicinda, Inland Valley Daily Bulletin/SCNG)

The upshot of the 2018 BizFed Pulse Poll, which tracks the most pressing issues among the Los Angeles County Business Federation‘s 178 member-based associations, which represent 390,000 businesses. California’s broad array of taxes and fees — a burden among businesses for decades — have topped the list since 2011, while government regulations and compliance jumped from No. 3 to No. 2 this year, poll results show. Click Here to View Entire Story
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Concerns About Housing Costs and Homelessness Rise in BizFed Poll
LA Business Journal

The cost of housing and the growing homeless population have moved way up the list of concerns voiced by local businesses in an annual poll conducted by the Los Angeles County Business Federation, or BizFed. Overall, the employment outlook among business leaders is mostly unchanged from the last two years, with 41 percent of respondents saying they are either slightly or much more likely to be hiring, the same percentage as 2016 and 2017. Click Here to View Entire Story
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BizFed Poll: Santa Clarita LA County’s ‘Most Business-Friendly’ City
Santa Clarita Valley News

The city of Los Angeles, LA County’s largest city, is the county’s worst city in which to do business, while Santa Clarita ranks as the county’s most business-friendly city, according to the Los Angeles County Business Federation Annual Pulse Poll released Wednesday. Results from the BizFed survey demonstrate a growing concern for housing costs and homelessness throughout the county. Click Here to View Entire Story
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Get the Full Intel in a Member ONLY Webinar this TOMORROW Friday, June 1 2018 from 11:45am-12:45pm!
BizFed members will have access to a webinar led by our leadership and the pollster from Employers Group.
Call-in: (213) 226-1066, Access Code: 322-980-838#
Screen Sharing: https://join.me/BizFedBizFed

BizFed released the findings of its Annual Pulse Poll today demonstrating a massive increase in concern for housing costs throughout Los Angeles County. Housing, Land Use and Homelesses issues moved from low-level concerns in 2017 to among highest priorities of the business community in this year’s poll. Taxes and fees again ranked as the number one business concern, as it has since 2011, and despite a growing economy the employment outlook is largely similar to recent years’ results.

“Business leaders are ringing the alarm bell on the housing crisis,” Tracy Hernandez, BizFed Founding CEO, said in a released statement to the media. “Most importantly they’re drawing the connection between the high cost of housing and the County’s astronomically high poverty rate, as well as their evaluation of whether to relocate their business.”

The annual BizFed poll represents a snapshot of key issues of concern in the Los Angeles County business community. The BizFed Pulse Poll was first taken in 2008, and has for a decade asked BizFed Member associations about issues they deem most critical to the ongoing operation and growth of their business. This year, the BizFed poll received 710 responses from business leaders in more than two dozen industries throughout Los Angeles County.

“This marks 10 years of measuring business sentiment in LA County, and we have here a unique and valuable yardstick for how the view of employers have evolved over the last decade,” said David Fleming, Founding Chair of BizFed. “In BizFed’s first poll, taken in the midst of the financial meltdown in 2008, Access to Capital was the #1 concern of business. Just behind it was State and Local Budgets, which were plagued by deficits at the time. Now we see Housing – already one of BizFed’s key advocacy issues – rising to the top.”

Click here to read our full press release!


Tracy Hernandez
http://bizfed.nationbuilder.com/

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