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Previous: 5 Reasons Entrepreneurs Will Emerge From The Recession by Gayle Kesten A mild case of spring fever? Even though nine out of 10 small-business owners still think the U.S. economy is in the dumps, their outlook continues to soften, according to the April Discover Small Business Watch. Those impressions echo comments made by Larry Summers, director of the National Economic Council, on Fox News Sunday."I think that sense of unremitting free fall that we had a month or two ago is not present today," he said. "That's something we can take some encouragement from." Good to hear, though Summers still predicted unemployment to rise and wouldn't say the economy has turned a corner. Along the same lines, 91% of the 750 respondents (small business owners with five or fewer employees) who participated in the Discover poll for April rated the economy as fair or poor -- same as we saw in March and the six months. The percentage of those experiencing cash flow issues (42%) and planning to increase biz-dev spending (79%) didn't budge much either. What did change? Discover's study shows:
Discover also gauged how far respondents are going to leverage the Internet for their businesses:
How about you? Are you feeling more optimistic these days? Why or why not? And would you have expected more of your fellow small business owners to use the Internet more than they do? Posted on April 29, 2009 at 12:54 PM | Comments (0)Comments Post a comment |
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