Business Outlook and Concerns

Small business owners, some of whom are just getting their business back on its feet, are a bit more optimistic about the future while at the same time, equally concerned about inflation and increasing operating costs. A Job Creators Network Foundation poll, the June Monthly Monitor, released last week showed that only 9% reported recovering…

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Business Confidence

Notwithstanding ongoing challenges with the labor shortage and lingering COVID fears, small businesses are generally more optimistic about the future now than they were a year ago, although access to capital is keeping many awake nights. According to a national survey a few weeks ago of 2,140 small business owners by Goldman Sachs, 84% said…

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Business and Consumer Confidence

While the COVID vaccine becomes more available and more states relax some of their onerous restrictions on business operations, both business and consumer confidence continue to play on the metaphorical see-saw. A survey by the National Federation of Independent Business found the outlook of small business owners improving slightly with 15% of its respondents reporting…

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States Want More Revenue Too

And it’s not only the major cities that are looking to fill their coffers off the back of hurting businesses.  For example, we’d point to Michigan, where the state legislature sought to help businesses get back on their feet by passing 5 bills that all would have altered the tax liabilities of businesses within the…

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Miscellaneous

We noted a few weeks ago that the International Coffee Organization (ICO) released its annual coffee report. The ICO expects production to be lower for 2020, declining by just less than 1% at 167.4M bags. The full ICO report, which can be accessed here, points to a slowdown in the global economy as well as…

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Miscellaneous

Business confidence remains high through June according to the latest survey from the National Federation of Independent Business (NFIB) released earlier this month. For the 16th consecutive month, independent businesses have been optimistic in their outlook on the American economy. In fact, the June report shows the 2nd highest level of confidence since NFIB began…

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Business Confidence Drops in Face of “Grand Bargain”

We told you last week that Republican Governor Charlie Baker signed the so-called grand bargain into law in Massachusetts. The ‘bargain’ grants an increase in the minimum wage from the current $11 an hour up to $15 by 2023, a five year phase-in. In addition, it provides up to 12 weeks of paid family leave…

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Miscellaneous

Small business confidence continues to build according to the National Federation of Independent Businesses (NFIB) as their monthly optimism index for February rose to a total score of 107.6, one of the highest ever. Respondents’ confidence was up across all of the 10 categories that the survey measures, with the one significant red flag being…

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Miscellaneous

Small business optimism has reached its highest level since 1983, when Ronald Reagan was President – almost 35 years ago. Earlier this week, the National Federation of Independent Business released its annual Small Business Optimism Survey showing that all but 2 of the 10 measurement components improved over the last month and that a full…

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