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Employees Plan to Spend Less in 2020

Business Sales and M&A Specialists

The Center for State & Local Government Excellence and ICMA-RC published survey results from public employees. Why is this important?  These employees may be your customers, future employees or future business owners who purchase or start a business. These may also be similar expectations and experiences for non-public sector employees.

Approximately 6 in 10 will be spending less than normal this year. Only ¼ plans to reduce retirement savings.

The research is based upon a survey of 1,008 full-time state and local government employees. conducted by Greenwald & Associates from May 4 through May 20, 2020. The final data were weighted by gender, age, household income, and industry type to reflect the distribution of the state and local government workforce as found in the U.S. Census Bureau’s Current Population Survey. &

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