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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.

 

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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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