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Small Business Watch
May 2008
Economic Confidence Picks Up as Cash Flow Issues Improve; Small Business Owners Feel Better About Their Own Businesses
Small business owners halted a steady decline in their economic confidence in May as the number of those with cash flow issues decreased to its lowest total in six months. The Watch rose more than five and a half points in May to 81.8, up from 76.1 in April.
May Key Findings:
28 percent of owners say that economic conditions for their business are getting better, an increase over 24 percent in April.
71 percent of small business owners think the U.S. economy is getting worse, a decrease from 76 percent in April.
39 percent say they have experienced cash flow issues over the last 90 days, a decrease from 44 percent in April and 47 percent in March.
