U.S. Bank: Small business owners disagree on direction of economy
Posted: 4/23/2013 |
Small-business owners in the U.S. disagreed on the state of the economy in 2013, though slightly more thought the economy was recovering rather than contracting, an improvement over last year, according to recent data from a U.S. Bank survey.
Government spending was small-business owner's top concern, followed by unemployment, health care and taxes according to the survey from U.S. Bank, a unit of U.S. Bancorp (USB), which included 3,210 small businesses. During 2012, health care topped the list.
About 45% of the respondents said they thought the U.S. economy was in a recovery, while 43% thought the economy was in recession and 10% were undecided.
Source: Fox Business