Business Owner Optimism Is High
Tuesday, August 7, 2018 4:29 PM
Small business optimism
is at record highs. Small companies are optimistic and ready to invest in growth says a new survey from Wells Fargo and Gallup. In the third quarter, optimism surged 12 points to 118, according to the Wells Fargo Small Business Index
, released this week. That's the highest in the survey's 15-year history. The number of respondents reporting very good or good cash flow (69 percent) also hit a record high. Ditto the number (78 percent) calling their financial position very good or good. Large majorities also say they expect their financial position and cash flow to remain strong over the next year. The survey—conducted in conjunction with Gallup—includes 635 companies, chiefly in the $2 million to $3 million annual revenue range. Click here
to read the full story from Inc.