Small business confidence rebounds from all-time low, but Main Street still has a long way to go

  • 📰 CNBC
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Small business confidence ticked up in Q3 to 53, from a record low of 49 in Q2, according to the latest CNBC/SurveyMonkey Small Business Survey. CNBCSmallBiz

CNBC|SurveyMonkey Q3 Small Business Survey

"These business owners have learned to do more with less," Kerrigan said. "And do more with technology, which has allowed many of them to operate more efficiently to innovate more and think of new ways to serve customers, while also cutting costs." The pandemic has altered business operations in a major way for many. The survey finds that nearly 70% expect the pandemic will likely have permanent impacts on the way they run their businesses, with more than half saying they've had to spend money on new virus-related safety measures. A third say these new precautions are eating directly into profits, but only 9% have passed those costs on to customers.

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:

 /  🏆 12. in CA
 

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

SurveyMonkey Small businesses always say their optimistic, until they go broke.

SurveyMonkey They must be confident that they will finally be able to open their doors again after being mandated by their own governments to close down without compensation.

SurveyMonkey It’s ok if you know how to navigate. Call me for suggestions.

SurveyMonkey Out of control governors and mayors are destroying Millions of small businesses and lives

SurveyMonkey I suppose confidence has to be high. It’s been so bad it can only go up from here. We all know the market is being propped up like a house of cards, so stop feeding us the bullshit.

SurveyMonkey

SurveyMonkey HARD TIME [LA]: International activities of the Latin America states in combating drug trafficking in the XXI century__

SurveyMonkey Hmmm ... yet reality sez, 'Lies!!'

SurveyMonkey Thats good! Dow Jones has gone up 9,000 since late March Dow was up 1,000 last week. Up 350 Monday Futures are way up this morning Small businesses have to keep re-opening safely and be ready for a big 4th quarter

SurveyMonkey Small business owners grateful to still be alive and have a business

It’s August 10. We’re not even half way through Q3.

When are you CNBC Pandemic Propaganda Puppets going to start reporting on Covid w Full Transparency w Full Context? The market has already figured out what Dr Atlas, Dr Samadi& Alex Berenson already know. Protect Vulnerable. 0-70 & healthy not high risk disease. Wake Up Puppets!

It's like a yoyo near its end,

Just looking at history and I do that everyday. Feels like the summer of 1929. Hang on. We haven't seen nothing yet. They never learn at the top on Wall Street nor the Republican Party. I'm looking for Hooverilles nation wide by the end of the month.

Canada Canada Latest News, Canada Canada Headlines