Sunday, December 2, 2012
According to a Gallup poll, American small-business owners became extremely pessimistic about their future prospects following the presidential election
After hitting a nadir in mid-2010, optimism had been growing steadily over the past two years. But now, that positive trend has reversed. One in five small-business owners (21%) expect the number of jobs at their company to decrease over the next 12 months, the highest percentage Gallup has measured to date. One in three owners (34%) expect their company’s capital spending to decrease over the next 12 months — the highest recorded since July 2010. Approximately 30% of owners expect “poor” cash flow over the next 12 months — the highest Gallup has measured to date and 28% of owners expect to be in a “poor” financial position 12 months from now — the highest Gallup has measured to date.