Small Businesses Still Searching For The Recovery
by AP Posted on 4/13/2010
Small businesses are still waiting for the economic rebound that's enabled larger companies to obtain low-interest credit and to boost exports and production in recent months.
Smaller companies aren't much more optimistic than they were in the depths of the recession, according to a survey released Tuesday by the National Federation of Independent Business.
That pessimism is slowing job creation and likely weakening the recovery, economists say.
The NFIB's small business optimism index fell 1.2 points to 86.8 in March, the lowest level since July 2009. That's a sharp contrast with other surveys showing larger companies rebounding.
