FEBRUARY 1989

Proportion of businesses whose sales grew, in % change over previous year

Actual 1987 Actual 1988 Estimated 1989
over 1986: over 1987: over 1988:
Decreased 15% 13% 7%

Increased less than 5% 28 25 31

Increased 5-10% 19 20 27

Increased more than 10% 38 42 35

Small business owners remain optimistic for 1989; more than 60% predict at least a 5% increase in sales; 35% predict an increase greater than 10%.

Source: Arthur Andersen & Co. Small Business Survey, 1988.