Friday, December 14, 2012

Small Business Intentions? Negative Capital Outlay, No Hiring for 2013

“U.S. small-business owners' net capital spending intentions for the next 12 months plunged to
-14 in November, the lowest level in more than two years, according to the Wells Fargo/Gallup Small Business Index.”

"Consistent with these negative expectations, owners' intentions are to reduce their capital spending plans and their hiring intentions over the months ahead."

- Gallup economy, 12/13/2012
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