Advantage Magazine | April 2025

ANTICIPATED CHALLENGES IN 2025

Hiring Employee Cost

3.9

3.4

Employee Retention Rising Input Costs Customer Sales Taxes Supply Chain Disruptions Access to Capital Other

4.1

4.1

4.2

4.2

6.2

6.6

8.5

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

Average Rating (1 = Most Significant, 8 = Least Significant)

2022 RESPONSE 2021 RESPONSE 2023 RESPONSE

3.6

3.6

4.1

4.4

3.8

3.9

6

7

8.6

3.5 3.6

3.6 3.5

3.9

4.2

4.3

4.9

5.1

7

-

3.2 3.8

3.8 3.2

3.9

4.8

4.3

5.1

4.6

7.1

-

OPTIMISM FOR BUSINESS IN 2025

Concerned 35%

Optimistic 49%

2023 RESPONSE

2022 RESPONSE

2021 RESPONSE

39%

41% 46%

43%

44% 46%

18%

15% 8%

Neutral 16%

10 | ROCHESTER AREA CHAMBER OF COMMERCE ADVANTAGE MAGAZINE — APRIL 2025

Made with FlippingBook Annual report maker