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

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

 

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.

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