The Homa Files

Answer: Not very good.

Gallup’s Small Business Index has fallen 28 points since the votes were counted … and is now back in negative territory.

And, the headline number only tells part of the story:

• One in five small-business owners (21%) expect the number of jobs at their company to decrease over the next 12 months, the highest percentage Gallup has measured to date.
• One in three owners (34%) expect their company’s capital spending to decrease over the next 12 months — the highest recorded since July 2010.
• Thirty percent of owners expect “poor” cash flow over the next 12 months — the highest Gallup has measured to date.
• Twenty-eight percent of owners expect to be in a “poor” financial position 12 months from now — the highest Gallup has measured to date.Uh oh.* * * * *
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This entry was posted on December 4, 2012 at 1:48 pm and is filed under Economic Recovery, Polls & Surveys, Small Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.