Discover(R) Small Business Watch(SM): Small Business Economic Confidence Rebounds
Poll: Small Businesses in B2B Roles Hit Hardest in Summer
Economic confidence among small business owners rose in July as more small business owners expressed increased levels of confidence in the economic conditions for their business and reported fewer cash-flow issues, according the Discover(R) Small Business Watch(SM). At 107.3, the Watch is up nearly five points from June's 102.5. "Small business owners seem to be more cautious about the larger economy than they were in the spring, but confidence in their own operations has rebounded, and their cash flow seems to remain unaffected," said Sastry Rachakonda, director of Discover's small business credit card.
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