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Small Businesses' Optimism on Economy Up Sharply

Business Investment Increases and Cash Flow Improvements Drive Higher Small Business Confidence in October Discover® Small Business Watch (SM)

The Discover® Small Business Watch (SM) rose sharply in October 2006 as business owners reported improvements in cash flow and greater willingness to invest in business development. The Watch, based on surveys with 1,000 small business owners, rose to 120 from 107.7 in September.

Among those factors driving the improvement in October: forty-four percent of small business owners rated the economy as “excellent” or “good” while only 22 percent rated it as poor.

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