Small Business Economic Confidence Tumbles to 18-Month Low
Few small business owners started out the year with confidence in the direction of the U.S. economy, according to the Discover Small Business Watch.
Few small business owners started out the year with confidence in the direction of the U.S. economy, according to the Discover Small Business Watch.
The Hudson Employment Index(SM) held steady in January as worker confidence decreased by only three-tenths of a point to 89.0.
Forty-one percent (41%) of American voters favor the economic stimulus package agreed to by the President and the House of Representatives. A Rasmussen Reports national telephone survey found that 26% oppose it while 33% are not sure.
Bill Gates, bloviating at the World Economic Forum in Davos, Switzerland, is issuing a clarion call for a "kinder capitalism" to aid the world's poor. Gates says he has grown impatient with the shortcomings of capitalism. He thinks it's failing much of the world. This, of course, from a guy who's worth around $35 billion (give or take a billion).
As economic worries mount, 54% of American voters believe that tax cuts generally help the economy. A Rasmussen Reports national telephone survey found that just 15% believe tax cuts are bad for the economy.
A recent Rasmussen Reports national telephone survey found that 84% of adults consider the U.S. automobile industry at least somewhat important to the financial stability of the overall economy. That includes 39% who believe it is Very Important.
With the passing of the holiday shopping season, consumers are expecting to scale back their spending in January, as ratings of the economy and their personal finances worsened.
The Hudson Employment Index(SM) for Los Angeles climbed 2.8 points to 91.2 in December.
After rebounding in November, the Hudson Employment Index (SM) for San Francisco plummeted 16.7 points to a record low of 74.2.
After hitting a record low in November, the Hudson Employment Index (SM) for California workers fell another 4.7 points to 89.8 in December.
After last month’s dramatic drop, the Hudson Employment Index (SM) for healthcare workers inched up 1.7 points to 91.9 in December.
While worker confidence was slipping in most parts of the country, the Hudson Employment Index (SM) for Boston inched up .5 points to 92 in December.
While worker confidence sunk for most of the nation in December, the Hudson Employment Index (SM) for Dallas-Ft. Worth rose 6.6 points to 109.4.
Confidence among accounting and finance workers fell for the fifth consecutive month in December, as the group’s Hudson Employment Index (SM) slipped 2.5 points to 90.5.
Following November’s dramatic drop, worker confidence in Chicago fell once again in December.
Ohio worker confidence slipped for the fourth consecutive month in December, as the state’s Hudson Employment Index (SM) dropped 1.4 points to 91.6.
IT worker confidence waned for the third consecutive month in December, as the group’s Hudson Employment Index (SM) fell 6.1 points to 97.4.
Worker confidence continued sinking in December, as the Hudson Employment Index (SM) for Philadelphia dropped 5.7 points to 76.4.
Worker confidence in Florida weakened again in December, as the state’s Hudson Employment Index(SM) fell 5.8 points to 90.7.
Pennsylvania’s Hudson Employment Index (SM) fell for the second consecutive month, dropping 5.8 points to 88.7.