The National Federation of Independent Business continues to report a very weak economic environment for small businesses. The NFIBâ??s small index optimism index improved this month, but the outlook for the economy remains very tepid. William C. Dunkelberg, NFIB's chief economist says the economy remains very weak:
â??The performance of the economy is mediocre at best. Given the extent of the decline over the past two years, pent up demand should be immense, but it is not triggering a rapid pickup in economic activity. "Compared to past recoveries, it is clear that the current economic recovery has not impacted the expectations of small business owners. They do not trust the economic policies in place or proposed and are distressed by global and national developments that make the future more uncertain.â?
The outlook index remains just shy of its lows:
This is having a direct impact on employment as small businesses remain hesitant to ramp up hiring. The index actually declined for the month as small businesses continue to shed jobs:
Source: NFIB
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Small business owners need to realize that the old ways of marketing just donâ??t work any longer. Technology has changed and small businesses are just trying to play catch up. If you have a website your ahead of the game.
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The National Federation of Independent Business continues to report a very weak economic environment for small businesses. The NFIBâ??s small index optimism index improved this month, but the outlook for the economy remains very tepid. William C. Dunkelberg, NFIB's chief economist says the economy remains very weak:
â??The performance of the economy is mediocre at best. Given the extent of the decline over the past two years, pent up demand should be immense, but it is not triggering a rapid pickup in economic activity. "Compared to past recoveries, it is clear that the current economic recovery has not impacted the expectations of small business owners. They do not trust the economic policies in place or proposed and are distressed by global and national developments that make the future more uncertain.â?
The outlook index remains just shy of its lows:
This is having a direct impact on employment as small businesses remain hesitant to ramp up hiring. The index actually declined for the month as small businesses continue to shed jobs:
Source: NFIB
The content on this site is provided as general information only and should not be taken as investment advice. All site content shall not be construed as a recommendation to buy or sell any security or financial product, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of firms affiliated with the author(s). The author(s) may or may not have a position in any security referenced herein. Any action that you take as a result of information or analysis on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
Post Footer automatically generated by Add Post Footer Plugin for wordpress.
Small business owners need to realize that the old ways of marketing just donâ??t work any longer. Technology has changed and small businesses are just trying to play catch up. If you have a website your ahead of the game.
[Reply]
Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.
Be nice. Keep it clean. Stay on topic. Comments/names with multiple links will get caught in the spam filter!
Name
Mail (will not be published)
Website (optional)
This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.
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© 2009 pragcap.com · Login.
The National Federation of Independent Business continues to report a very weak economic environment for small businesses. The NFIBâ??s small index optimism index improved this month, but the outlook for the economy remains very tepid. William C. Dunkelberg, NFIB's chief economist says the economy remains very weak:
â??The performance of the economy is mediocre at best. Given the extent of the decline over the past two years, pent up demand should be immense, but it is not triggering a rapid pickup in economic activity. "Compared to past recoveries, it is clear that the current economic recovery has not impacted the expectations of small business owners. They do not trust the economic policies in place or proposed and are distressed by global and national developments that make the future more uncertain.â?
The outlook index remains just shy of its lows:
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