Small Businesses are Bullish on Hiring Despite Economic Concerns
The U.S. Chamber of Commerce has published a first look at the results of the newest and most comprehensive measure of small business sentiment in America — The MetLife & U.S. Chamber of Commerce Small Business Index. This new quarterly survey of 1,000 small business owners captures the 360-degree view from Main Street, including entrepreneurs’ views about the health of their own firms, their perspective on the broader economy, and their plans and expectations for the near future.
This quarter, we found the U.S. Chamber of Commerce found small business owners are bullish on the outlook for their own companies, with 60 percent expecting revenues to increase next year, while about five companies plan to add staff next year for every one company planning to cut workers. Conversely, small business leaders are slightly less positive about the economy, with one in four rating America’s current economic health as poor.