Aldrich Uncertainty Report

CHANGING CONDITIONS

OUTLOOK FOR GROWTH

How has your outlook for your business changed in the last six months?

Business’s outlook for revenue growth over next 12 months

More optimistic

About the same

More pessimistic

Mountain West

California

12%

13%

42%

35%

23%

California

23%

50% 19%

31%

KEY

58%

Mountain West

Optimistic Very Optimistic Very Pessimistic Pessimistic Neutral

50%

31%

19%

4%

4%

20%

50%

30%

Oregon

All West

Oregon

2%

37%

39%

24%

All West

20% 50% 23%

26% 27%

40%

5%

My company’s financial health has been negatively impacted by tariff-related cost increases or supply chain disruptions.

Leader Perspectives “We’ve recently secured long-term contracts with major clients and also have maintained a strong pipeline for construction projects.” — CxO, Construction

Strongly Agree

Agree

Neutral

Disagree

12%

35%

31%

23%

California

“Our sales growth is slowing and volumes are declining, which may negatively impact profitability.” — Owner, Food & Beverage Manufacturing “We have diversified our portfolio and secured long-term contracts which ensure steady growth.” — CxO, Construction “New taxes and regulatory policies have negatively impacted our industry so we forecast neutral growth for the next 12 months.” — CxO, Food & Beverage Manufacturing

Mountain West

19%

31%

25%

25%

20%

40%

35%

5%

Oregon

16%

35%

31%

18%

All West

Compared to six months ago, how has your company’s ability to access outside capital for growth or operations changed?

“We have expanded into new product lines and repeat orders are increasing.” — Owner, Manufacturing

California

Oregon

Mountain West

All West

5%

3%

KEY

4%

Stayed the Same Become Easier

12%

27%

38%

40%

“We have seen a reduced number of commercial construction projects compared to last year.” — CxO, Construction

58%

Become More Difficult

50%

44%

45%

Do not seek or use outside capital

27%

19%

10%

19%

Aldrich Uncertainty Report | Q4 2025

Aldrich Uncertainty Report | Q4 2025

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Copyright © 2025 Aldrich Services LLP. All rights reserved.

Copyright © 2025 Aldrich Services LLP. All rights reserved.

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