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Discover (R) Small Business Watch (SM): Small Business Economic Confidence Remains Steady

Small Business Owners Express Slight Dip in Confidence, Sharp Drop in April Halted

Economic confidence among small business owners fell marginally in May, slowing a sharp decline from the previous month, according the Discover (R) Small Business Watch (SM). At 110.0, the Watch was down less than half of a percent from April's 110.3, which represented a seven-point drop from a month earlier. "Small business owners are heading into the summer season with some stability," said Sastry Rachakonda, director of Discover's small business credit card.

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