Bank of America, 72% of Black and 71% of Hispanic business owners anticipated their revenues increasing over the coming 12 months. Approximately 62% of Asian American and Pacific Islander business owners indicated that they had such expectations, the bank said.
A Bank of America report says 66% of small business owners expect their revenues to grow over the next year despite ongoing economic concerns.also rose among small business owners, according to the report. About 48% said they think their local economy will improve, up from 39% earlier in the year. The percentage of small business owners who think the national economy will improve rose to 44% from 31% in May.
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