NFIB Georgia: Small business owners more optimistic but still wary of economic recovery
The National Federation of Independent Business’s small business optimism index rose in February for the sixth month in a row. The index edged up 0.4 points as owners became slightly more optimistic about future sales growth but more pessimistic about the outlook for business conditions. NFIB Georgia says state small business owners also have mixed emotions about a potential recovery.
NFIB Georgia state director Kyle Jackson says no state data is available, but he says most Georgia small business owners believe things are looking up.
“Decreasing unemployment numbers is a positive thing. Capital expenditures have improved, which means folks are looking at the potential reinvesting back in their business.”
But Jackson says Georgia small business owners believe a full recovery could take years.
“One of the things that continues to be a real concern is that their sales and earnings are off.”
Jackson says in the short term owners are worried about rising gas prices. He says in the long term their concerned about health insurance costs and potential tax increases.
Related:
Small Business Optimism Index for February, 2012 — detailed survey results from the National Federation of Independent Business
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