Small-Business Confidence in U.S. Increased in May |
BusinessWeek - Jun 8, 2010 |
Confidence among U.S. small businesses rose in May to the highest level since September 2008 as executives became more upbeat about the economy six months from now, a private survey found.
The National Federation of Independent Business’s optimism index increased to 92.2 last month from 90.6 in April, the Washington-based group said today. Seven of the index’s 10 components increased, and three declined.
The measure is still lower than levels reached in past economic rebounds, indicating the recovery will take time to gain strength. The report shows that while smaller firms are beginning to benefit from the expansion, they’re trailing larger companies such as General Electric Co.
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- Posted: 2010-06-08 10:14:36
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