Small-business owners remain very concerned with the state of the U.S. economy and the future of their own businesses.
However, the National Small Business Association says it sees “a small flicker of light at the end of the tunnel.”
The reason?
Slightly more respondents than in December — and still a small minority — are anticipating economic growth in the coming 12 months. In December, 64 percent of survey respondents anticipated a recession, whereas today, only 42 percent anticipate a recession in the coming 12 months. While this change in outlook is certainly positive, it may also be reflecting the somewhat dismal position many entrepreneurs find themselves in and the thought that something’s got to give. When asked in July to compare today’s national economy with fi ve years ago, 94 percent responded that the U.S. is worse off, up from 91 percent in December 2008.
I guess anything’s better than “dismal.”
Download the full report (PDF, 9 pages) here.
