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Quarterly Indicators: Optimism Increasing Slightly

Mark Marich on August 24, 2009 Source: Policy Dialogue on Entrepreneurship

Thelatest update to the SBA Office of Advocacy’s Quarterly Indicators: TheEconomy and Small Business is now available.

Real GDP fell only 1 percent in the second quarter of 2009compared to the previous quarter's 6.4 percent drop. Accordingly, smallbusiness owners seemed more optimistic in the second quarter based on data fromthe National Federation of Independent Business (NFIB). While poor salescontinued as the top concern for small business owners, more survey respondentsindicated that the next quarter was a good time to expand, even if at lowerlevels than desired.

Category:  General  Tags:  sba, nfib

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