Small-Business Confidence Hits Record High After GOP Tax Reform

Weatherman2020

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Mar 3, 2013
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Right coast, classified
The biggest economic group in America reacts to crumbs.

Small-business confidence in the U.S. has skyrocketed this year due to the recently enacted tax reform law, according to a new survey.
The latest CNBC/SurveyMonkey Small Business Survey, released on Tuesday, found that its Quarter One Small-Business Confidence Index increased from 57 to 62, an all-time high and the largest movement between quarters since the survey began last year.
The index is a 100-point score based on small-business owners’ responses to eight questions. It is calculated on a scale from 0–100; a zero indicates no confidence, and a 100 indicates perfect confidence.
In the survey on last year’s fourth quarter, small-business owners were split on how tax reform would affect their businesses. Now, since President Donald Trump signed the Republican tax overhaul into law in December, twice as many owners expect changes in tax policy to have a positive effect on their businesses.

Survey: Small-Business Confidence Hits Record High After GOP Tax Reform
 
Not going to last. The FED will begin raising rates and EVERYTHING will slow down again. Everything runs on Credit, keep an eye on the lending. The first thing that will go is that Banks will stop lending to other banks.
 
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Ever see the definition of “small business” ? It’s surprisingly broader than one would think .
 

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