A new survey released Monday (Feb. 12) from the National Small Business Association (NSBA) and ZipRecruiter found small business (SMB) owners are more optimistic than they were a few months ago.
Reports in The Washington Post About 60 percent of more than 1,600 entrepreneurs – surveyed in December and January – expect the national economy to improve over the next year. That’s up from 45 percent of those said the same last July.
Analysts linked to improved business performance: 53 percent of small business owners surveyed said they were up over the last year. That’s the first time in 10 years most entrepreneurs surveyed by the NSBA reported such performance.
Two-thirds of small business owners told the researchers they expect to grow again in the coming year too.
The NSBA also saw an increase in hiring activity, with nearly a third of respondents reporting more staff in the last year. That’s up to 22 percent of those said in the last year. NSBA survey, according to reports, though a third of entrepreneurs plan to hire more staff in the coming year. Reports said that it was in line with “Conservative” hiring practices among the nation’s SMBs.
Data released earlier than ADP found that 234,000 jobs were added by U.S. companies in January – CBI data was estimated at 3.14 percent decline in hiring growth among small businesses during the month. Separate analysis from Wells Fargo and Gallup about a third of SMBs plan to increase hiring in the next year.
These statements are limited to the fact that they are more likely to be automating processes. Nearly a third told searchers they would deploy automated solutions in the coming 12 months, while 9 percent said they would need fewer employees because of it.
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