The latest MMAC business outlook survey finds company leaders “more tempered in their optimism” due to inflation and persistent labor shortages.

Bret Mayborne, economic research director for the Metropolitan Milwaukee Association of Commerce, said business leaders in the region expect local economic growth to continue through the second quarter and rest of the year.

But he added that “levels of optimism expressed on sales, profit and employment are all modestly lower than first-quarter expectations in our previous survey.”

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