Small businesses, those with 500 employees or less, are more optimistic about the future of their own company than they are about the future of the US economy. According to the US Chamber of Commerce survey, conducted by Harris Interactive, 39% of business owners see their company's brightest days ahead, with only 29% saying America's best days are coming.
The “economic uncertainty” and difficulty in obtaining credit are the main drivers for their pessimism. This gloomy outlook, the respondents said, will lead to modest hiring if not job outright job cuts.
The poll was taken with Congress and the White House still struggling with the budget deficit and debt ceiling.
Small companies often feel powerless to the larger governmental and economic machinery. Their viewpoint, expressed in this survey, suggest they are still optimistic about their own business model, but they need to navigate whatever the economic and governmental gods throw in their path.
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