Birmingham's expectations for 2022
How influential Birmingham leaders are feeling heading into 2022
Birmingham leaders are feeling good about 2022.
That’s the big takeaway from this month's Birmingham Power Poll, which surveys influential local leaders each month on key topics in the community.
The Birmingham Power Poll is not a scientific poll, but does offer a window into the perspectives of influential Birmingham community and business leaders.
The poll found 81% of respondents were optimistic about the financial results of their organization in 2022, with 43% of respondents describing themselves as very optimistic.
That’s a positive sign as many organizations are still working to shed the effects of the pandemic on their businesses.
The poll found respondents were generally more optimistic about their organizations and the local economy than the national economy. Only 45% of respondents said they were optimistic about the national economy.
3 Ways BlueCross Helps Tennessee’s Economy
By Roy Vaughn
Senior Vice President, Chief Communications Officer
BlueCross BlueShield of Tennessee
First things first, we’re focused on our commitment to the health of our 3.5 million members.
As Tennessee’s largest health plan, we provide benefits to:
- 11,000 companies and work with
- 29,000 network providers to pay
- $15 billion for medical services each year.
But by being based right here in Tennessee, BlueCross also:
- Creates jobs
- Boosts household incomes, and
- Pays taxes that impact communities across our state.
That helps our neighbors and our communities because the economic activity we generate stays right here in Tennessee.
In our home state, we are responsible for:
- 6,000 direct and 12,000 indirect jobs, which generate
- $1.6 billion in household income and
- $368 million in tax revenue, which helps support services across the state.
Our economic impact starts with our employees, but includes the $300 million we spend on goods and services, such as software and office supplies. And economists at UT estimate that all of our activity produces an additional $714.6 million in income for Tennesseans.
To learn more about how we help strengthen Tennessee communities, click here.
Not surprisingly, finding talent continues to remain the top concern for influential Birmingham leaders in 2022 – although inflation concerns are an increasing area of worry.
Even with those challenges, Birmingham leaders appear to feel good about the direction of the local economy, with 43% saying they are most optimistic about the local economy.
This month's Power Poll surveyed 127 leaders with a response rate of 37%.