For small business owners, the recession continues
Cornwall lists several key elements needed for small businesses to get back on track.
September was another month of low expectations and pessimism for the small-business community, with the NFIB Small Business Optimism Index losing 0.1 points and falling to 92.8. The recession-level reading was pulled down by a deterioration in labor market indicators, with job creation plans plunging 6 points, job openings falling one point and more firms reporting decreases in employment than those reporting increases in employment.
The survey shows that key elements that will be needed for small businesses to, once again, help pull us out of a recession are just not improving:
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