TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Survey: Small biz owners growing more pessimistic

About The Tribune-Review
The Tribune-Review can be reached via e-mail or at 412-321-6460.
Contact Us | Video | Photo Reprints

By The Associated Press

Published: Wednesday, Oct. 10, 2012, 12:01 a.m.

Small business owners are growing more pessimistic.

A survey released Tuesday by the National Federation of Independent Business shows that owners became more pessimistic during September as employment and sales remained weak. The NFIB's index of owner optimism fell 0.1 point to 92.8.

The survey did have some bright spots. The number of owners who believe this is a good time to expand their companies rose 3 percentage points. And the number of owners who expect business conditions to improve in six months gained 4 points.

But the number of owner who plan to expand jobs fell 3 points, while the number who plan to reduce their payrolls rose 2 points. More than a fifth of the survey's participants said weak sales are their biggest business problem.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Pandora sued by record companies
  2. Chocolate prices expected to soar as ingredients grow more expensive
  3. Pa. unemployment rate falls to lowest since 2008; 12,000 more enter workforce
  4. Wages have soared in Pittsburgh, but economy appears to have stalled
  5. Squeezed by competition, Chobani to expand offerings
  6. Investment in Western Pa. startups reaches 5-year high
  7. Mazda recalls 109,000 older SUVs
  8. Under the Hood: A chance to take top cars for a spin
  9. Chrysler’s Easter eggs fun for vehicle owners
  10. Emboldened by Italy move, QVC to expand into France
  11. Shale pioneer hires Chesapeake for drilling job
Subscribe today! Click here for our subscription offers.