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Small-Business Mood Brightens

Owners and workers are upbeat about conditions in their own market, a study finds.
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Though many in the small-business sector remain concerned with broad economy conditions, a growing number of owners and employees are upbeat about activity in their own market, a new survey finds.

Of 500 small-business owners and employees recently polled by Opinion Research Corporation, a Princeton, N.J-based database firm, 65 percent rated their firm's business conditions as good, while less than a third described them as poor. Though 71 percent said the U.S economy was struggling, 50 percent expect it to recover in a year.

"These results show that despite the continued economic pressures, small businesses continue to do well," Wayne Russum, the firm's senior vice president, said in a statement.

According to the National Federation of Independent Business, half of the nation's small employers see business activity as "very strong," despite being downcast about the economy in general.

Last updated: Jul 25, 2008




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