Small businesses are waving a caution flag

[McRocket]

'"After a banner year, many small businesses are becoming more cautious about their investment and hiring plans," The Wall Street Journal's Ruth Simon reports.

By the numbers: "Economic confidence among small firms, which edged downward for much of 2018, in January reached its lowest level since President Trump’s election, according to a monthly survey of 765 small firms for The Wall Street Journal by Vistage Worldwide. ... Just 14% of firms expect the economy to improve this year, while 36% expect it to get worse."

Why it matters: "We could be at a turning point," said Richard Curtin, a University of Michigan economist who analyzed the data, told the Journal. "Recessions are not made of one firm collapsing, but of many firms cutting back in marginal ways."''

Economic confidence for small companies hit its lowest level since Trump’s election last month

Interesting.

 

[miketx]

'"After a banner year, many small businesses are becoming more cautious about their investment and hiring plans," The Wall Street Journal's Ruth Simon reports.

By the numbers: "Economic confidence among small firms, which edged downward for much of 2018, in January reached its lowest level since President Trump’s election, according to a monthly survey of 765 small firms for The Wall Street Journal by Vistage Worldwide. ... Just 14% of firms expect the economy to improve this year, while 36% expect it to get worse."

Why it matters: "We could be at a turning point," said Richard Curtin, a University of Michigan economist who analyzed the data, told the Journal. "Recessions are not made of one firm collapsing, but of many firms cutting back in marginal ways."''

Economic confidence for small companies hit its lowest level since Trump’s election last month

Interesting.

What's interesting about some lib douche's opinion?