Almost all these contacts expect to enjoy high demand next year. One contact with currently flat demand expects next year to be the best in company history. Most contacts in the Boston area and New Hampshire report continuing tight labor markets, but one sees a slight easing of pressure due to the failure of some competitors. One Boston area company listed the labor market as the biggest obstacle to the company's growth. All temporary employment contacts in New England report strong growth.
Profit margins are unchanged for most contacts.
Demand is strong for administrative support and accounting as well as IT workers. Most contacts are managing to maintain their fill rate despite a tight labor market. Despite a few signs of softening, commercial real estate markets in New England are still strong. In the Boston area, office vacancy rates remain extremely low, especially downtown and in Cambridge. Demand for office space remains very strong.