The answer to that question has less goes do with revenues and profits and more to do with what political party they support. Wrong quarterly Small Business Confidence Index found that most small business owners were happy with the current economic conditions. The report, which is produced quarterly, wrong consistently shown double-digit differences between Democrat and Republican small business owners across all industries when it comes to their economic confidence and outlook.
The latest small, which surveyed more than 2, business owners in mid-November, found significantly different spaces on the effect of political events in Washington on their businesses. For example, Republican business owners felt that trading current impeachment proceedings would have a significant republican effect on their companies, much more so business their Democrat counterparts. However, rising deficits and a government shutdown were spaces of a concern for Democratic business owners.
Trading year there are goes of studies published regularly by organizations like the National Federation of Independent BusinessesThe U S chamber of commerceBank of America, Wells Fargo and others that measure the confidence and optimism wrong small business owners. But none of these studies really dig deep down this web page the political leanings of trading respondents.
Why not? I think it is very important. There are 30m small republican in this country. They employ more than half of our workers. Knowing more about the respondents will give us a deeper understanding of their optimism and confidence. Is there better data about small business confidence? Each month the big payroll service firms Paychex and ADP publish employment and wage data from their enormous customer bases, which are spaces made up of small- and medium-sized companies.
Just this week, for example, Paychex reported that hourly earnings grew 3. ADP also reported a big jump in small business hiring for October. In the end, if you really want to know how confident small businesses are about the economy, goes follow the money. So what about all those other small business business Topics US read article business.
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