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Overview - small business optimism

Article Abstract:

Surveys predict that small businesses will find it difficult to achieve growth in the first half of 1997. The Index of Small Business Optimism declined in November 1996 to 99.2 and 30% of the decline may be attributed to weakening conditions of businesses and profits. The survey also revealed that inflation will not be a major problem due to a decline in the percentage of firms offering high prices. More firms were reported to raise compensation to attract employees and positive findings were seen in terms of capital spending and hiring.

Industry Overview

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Overview - small business optimism

Article Abstract:

The Index of Small Business Optimism increased by a full point between June and July 1995. The gain can be attributed to more favorable expectations for real sales in the second half of the year and to the greater number of businesses that are confident of economic growth. The other elements of the index either remained stable or increased, which mirrors the economy's overall growth as it recovers from a flat second quarter.

1995 AD

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Small Business Economic Trends

Article Abstract:

The Index of Small Business Optimism for Aug 1997 has risen to 104.0 which is the highest reading recorded since Nov 1994. The strong reading suggests that the economy will continue its upward trend into 3rd qtr 1997. Small business owners likewise predict longer-run prospects for economic development. Sales gains have achieved a record level high since 1995 while job creation has remained phenomenal in Jun and Jul 1998.

Business forecasting

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