Small Bizs See U.S. Economy Improving
Many U.S. small businesses are optimistic about growth and see the economy improving in three to six months, according to a survey released on Friday.
Four out of five small businesses are pursuing a moderate or aggressive growth strategy, expanding into new markets and producing more revenue among existing customers, according to the survey by Chase Card Services, the credit card division of JPMorgan Chase & Co.
Only 5 percent said they were not looking to grow business aggressively, according to the survey, which questioned 168 chief and senior executives from the annual Inc. 500/5000 list of fastest-growing small companies between September 10 and September 14.
Three-quarters of the companies said they believe the U.S. economy and their business will be doing better in three to six months. Some 27 million small businesses operate in the United States and are responsible for roughly 40 million jobs.
Photo by jaylopez.
Jaclyn Wells on September 27th, 2009 3:00 pm
it is truly good to hear that the economy is expected to turn around in 3-6 months, that’s not that long of a time period, lets just hope that these surveys prove to be true in those 3-6 months and that the improvement in the economy is enough to actually make a difference for people.
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