Business News • MarketWire • Small Businesses Still Mired in Recession, According to National Survey by Decision Analyst |
Small Businesses Still Mired in Recession, According to National Survey by Decision Analyst |
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Small Businesses Still Mired in Recession, According to National Survey by Decision Analyst
ARLINGTON, TX--(Marketwire - March 5, 2010) - Small businesses in the U.S. (i.e., fewer than 100 employees) are still feeling the effects of the global recession. The good news is that small businesses are not materially worse off in January 2010 than they were in January 2009. The bad news is that business conditions were dismal in both January of 2009 and 2010. The Decision Analyst surveys of over 6,500 small businesses indicate that the effects of the ongoing recession on small businesses are stabilizing. There are even hints in the survey data that economic conditions for small businesses may be improving in 2010. For example, more small businesses in January 2010 reported "very strong" or "somewhat strong" business activity than in January 2009 (22% in 2009 compared to 25% in 2010). However, a large number of small businesses went out of business during 2009, so their answers are not included in the 2010 survey data; this should temper our op
View More : http://www.marketwire.com/mw/release.do?id=1127378&sourceType=3
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