Small businesses expect sales to slump, but the economy to rebound - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Small business sales expectations plummet to a 46-year low — but owners are already banking on an economic rebound

"The impact from this pandemic, including government stay-at-home orders and mandated non-essential business closures, has had a devastating impact on the small business economy," said William Dunkelberg, NFIB's chief economist,

"Owners' optimism about future conditions indicates they expect the recession to be short-lived," the NFIB said. A net 29% of small-business owners surveyed indicated they think the economy will be better in six months, the most since October 2018.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Of course. With Mr. Bankruptcy in the White House there is always hope of a bailout. You just need a representative of small businesses to hold a press conference saying that small business support for Trump is waning. Soon the check will be in the mail.

All Media Outlets Editorial Directors Censor and Sets out Selective News release to Gen Public VOTE 4 Paul RunningHorse VIGIL 2020 Write In Presidential Candidate NON - PARTISAN Past REALTOR/Broker

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Restrictive Craft Beer Laws May Put Small Breweries Out Of BusinessIn Minnesota, breweries can sell growlers from their taprooms -- but old laws and political posturing keeps them from selling the equivalent volume in cans. NgaduThinker follow me 😭
Source: Forbes - 🏆 394. / 53 Read more »

How This Small Business Owner Uses Instagram To Keep Her Fitness Community ThrivingBurn CEO and Founder, Lisa Corsello shares how small business owners can leverage digital communities during this time. A big Thank to internet!! How’ d people get through flu pandemic in 1928 without technology. Probably two things were what the government suggested people to do——Drink water and sleep. But is she actually making money, or just ‘connecting’ through Instagram? I hope it’s the former.
Source: Forbes - 🏆 394. / 53 Read more »

'Friendly fraud' is on the rise, and small business owners may bear the brunt of the impactSmall business owners have recently been affected by the rise of 'friendly fraud,' when a customer decides after the transaction that they don't want or can't afford the purchase. Этот твит важен для меня
Source: CNBC - 🏆 12. / 72 Read more »