August Revenue Figures Fall below Targets

first_imgVentriss also cautioned against a direct comparison between 2006 and 2008based only on this data.  “These aredifferent times.  This is adifferent economy.  Some of the CEOmembers of the Roundtable have even changed,” she said.  “The long-term value of this survey isthat it establishes a new benchmark for gauging the views of the businesscommunity in the future.” “We have to be careful in making too many comparisons, because of the gapin the data,” he said, “but these numbers confirm what we are hearing andseeing.  Unemployment in Vermont isup by one percent over last year, and those numbers are reflected in the 60percent of employers who predict level or declining employment in the periodjust ahead.” BusinessRoundtable Releases Third Quarter CEOSurvey FOR IMMEDIATERELEASE:  Sept. 11,2008 CONTACT:  Lisa Ventriss, President, VermontBusiness Roundtable, 802-865-0410; Tim Volk, Chair, Vermont Business Roundtable,802-862-8261. Considering capital investments, 38 percent of the CEOs responding saidthey plan to increase capital spending. That sets an all-time low when measured against expectations over thefive year history of the survey, which have ranged from a low of 40 percent inthe third quarter of 2006 to a high of 62 percent in March of 2004. When thosepredicting “no change” are included, however, again, Vermont’s outlook improved.Ninety percent of respondents predicted that capital spending would stay thesame or get better in the next six months, versus 95 percent in2006. Chairman Volk, who is president of the Burlington-based marketing firmKelliher Samets Volk, says the results of the CEO survey reflect the realitiesof the marketplace.  “Clearly the expectations of the business community for robust economicactivity have fallen since our last survey in late 2006,” Ventriss said.  “These expectations seem to mirror thenationwide economic slowdown and gloomy predictions for the New Englandeconomy.” The Roundtable’s third quarter ’08 membership survey showed greaterpessimism today against CEO expectations in the fourth quarter of 2006, when thelast survey was conducted.  In 2006,73 percent of responding CEOs expected sales to increase in the first half of2007.  In August, 2008, when thelatest survey was conducted, only 50 percent expected increased sales in thesix-month period ahead.  When thosepredicting “no change” are included however, Vermont’s economy faredbetter.  Eighty-six percent ofrespondents thought sales would stay the same or get better in the next sixmonths versus 96 percent in 2006.  The Roundtable’s CEO Economic Outlook Survey measures the attitudes ofchief executive officers for 120 of the state’s top employers.  Vermont’s construction, education,health services, finance, real estate, insurance, hospitality/leisure,manufacturing, information, transportation, utilities, professional/businessservices and non-profit industries are represented.  The response rate for this quarter was63 percent.  Historically, rateshave varied from 40 to 73 percent. 1. How do you expect your company’s sales to change inthe next six months? (So. Burlington, Vt.)  Thechief executives of Vermont’s leading businesses are cautious about salesprospects for the fall and winter, but they continue to invest in the state’seconomy hoping for the business climate to improve.  The mood of the business community wasassessed in the middle of the third quarter and released today by VermontBusiness Roundtable Chairman Tim Volk and President LisaVentriss. Although the 2008 third quarter survey showed that eighty-two percent ofCEOs expect their employment levels to stay the same or increase, the 18 percentpredicting a decrease in employment is the largest group since the surveys beganin 2004.  If additional job lossescome to pass, employment in Vermont would mirror the national trend.  On Sept. 5 the U.S. Department of Laborreported that unemployment nationwide has reached 6.1 percent.  In July, the Vermont Department of Laborpegged Vermont’s unemployment rate at 4.8 percent, a one point increase from ayear ago.  The Roundtable’s survey,however, neither predicts nor enumerates the number or quality of the jobsexpected to be lost in the time ahead.  Sales INCREASE NO CHANGE DECREASE Q1 2004 83% 13% 4% Q2 2004 80% 15% 4% Q3 2004 71% 25% 4% Q4 2004 77% 22% 1% Q1 2005 78% 19% 3% Q2 2005 75% 23% 2% Q3 2005 74% 24% 2% Q4 2005 72% 24% 4% Q1 2006 78% 20% 2% Q2 2006 78% 22% 0% Q3 2006 69% 25% 6% Q4 2006 73% 23% 4% Q3 2008 51% 35% 14%Totals may not equal 100 due torounding.last_img read more

David Harry McMillen, 90, Wichita: August 27, 1922 – May 23, 2013

first_imgDavid Harry McMillen, 90, passed away at Avita Senior Living Center in Wichita, KS on Thursday, May 23, 2013.  He worked as a sheet metal fabricator all his working years.David was born on August 27, 1922 in Alva, OK to David Floyd McMillen and Emma (Koenig) McMillen.  He served in the United States Army Air Force during World War II from 1942 – 1945.He married Ester Grace Lamb on September 13, 1942 in Wellington, KS.  She preceded him in death in 1998.  He then married Reba Elaine Wallace Purcell in Wichita, KS on May 13, 2000.  She preceded him in death in 2008.He is preceded in death by his parents; his wives; brother, Marvin Joe McMillen; granddaughter, Tamara Dalene Young; and great great granddaughter, Mackenzie Nicole Young.Survivors include his daughters, Frances (Joe) Wilson of Wichita, KS, Davida (Jack) Walker of Bangs, TX, and Kathleen (Don) McClure of Brownwood, TX; eight grandchildren; 17 great grandchildren; and 12 great great grandchildren.Graveside Services will be held at Osborne Cemetery in Mayfield, KS on Tuesday, May 28, 2013 at 2:00 P.M.  Family members will officiate.Visitation will be held at the funeral home on Monday, May 27, 2013 from 5 to 8 p.m.A memorial has been established with the American Red Cross in lieu of flowers. Contributions can be left at the funeral home.Frank Funeral Home has been entrusted with the arrangements.To leave condolences or sign our guest book, please visit our website at www.frankfuneralhome.netlast_img read more

Semi versus bicycle accident shuts down US Highway 65 near Sheffield for three hours this morning

first_imgSHEFFIELD — US Highway 65 south of Sheffield was blocked off for about three hours this morning after a semi versus bicycle accident. The Franklin County Sheriff’s Department says they were called to respond to the accident at about 3:45 this morning. One person was transported to MercyOne North Iowa Medical Center in Mason City for treatment. The identities of those involved in the accident as well as other details about the accident are not being released at this time. US Highway 65 was opened back up to traffic just before 7 o’clock. The Iowa State Patrol is assisting in the investigation.last_img