Tuesday, February 19, 2013

Small-business owners more optimistic about economy - Silicon Valley / San Jose Business Journal:

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While an earlier conducted in October by of Palo found 56 percentof small-business ownerx “very worried” about the economy, the new survey, conducted late last month, found that number dropped to 39 percent. However, small-businessd owners aren’t letting go of theitr angst, with 48 percent still “somewhat up from 35 percent. “The October survey was conducterd just after the market and small-business owners were, justifiably, very scared,” PayCycle CEOM Jim Heeger said in a news “Now, we are seeing small business confidences begin to creep up.” Fifty-eight percent now believse the recovery will take a year to 18 down from 50 percent.
“We are beginning to see a moderatiobn of expectation around an anticipatedeconomix recovery,” Heeger said. “Small-business owners are typically They are closest to the consumer and are an important barometerrof expectation.” The survey compiled responses from 478 smalo businesses selected from PayCycle’s customer base.

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