Small Businesses More Optimistic than Average American
It may come as a surprise that small business owners are more optimistic about the future of the economy than the average American.
A study from the Silicon Valley Bank found that 72% of small business owners feel optimistic about the future of the economy this year. Meanwhile only 58% of Americans reported that they predict they will be better of economically in the coming year.
“It’s a world that is characterized by growth, optimism, new ideas and a deeply held belief in the strengths that make the United States a leader in innovation-based economic growth,” the report says. “Across the sectors we surveyed, companies consistently met or exceeded their revenue targets in 2011, and they believe this year will be even better. Companies plan to hire, and leaders continue to see the United States as the cornerstone for their long-term growth and an ideal place to start a high growth business.”
What are your economic expectations in the coming year?