Brazos Valley Economic Development Corporation surveys businesses about outlook

BRYAN, Texas (KBTX) – The Brazos Valley business community is continuing to bounce back after a tough 2020.

The Brazos Valley Economic Development Corporation released findings of a new survey looking at how businesses are doing in our community.

The survey interviewed businesses ranging in size from fewer than ten employees to more than 500.

Ninety-two percent of local businesses surveyed by the BVEDC said they plan to hire more people by May 2022.

“We’re definitely in a better place. Definitely growth opportunities for our local businesses. That’s not to say that segments of our economy weren’t hit very hard,” said Matt Prochaska, Brazos Valley Economic Development Corporation President and CEO.

Prochaska said only eight percent of the more than 50 companies they interviewed decreased in size in 2020.

“Our businesses are extremely optimistic…what we found is is that the businesses are really in a favorable place,” he explained.

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