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New report of small business optimism

January 17, 2012

This is the brightest small business survey result that I’ve seen published so far in this recovery.

SurePayroll Small Business Scorecard’s optimism survey shows some very positive signs for 2012.

  • Along with optimism being up to 63 percent, the highest it has been since June, the survey also shows 50 percent of small business owners planning to hire in 2012.
  • Meanwhile, 56 percent plan to increase wages for some or all of their employees in the new year.
  • Only 2 percent plan to cut wages.

The survey also found that 21 percent would seek lending to grow their business. Respondents indicated marketing, new technology and equipment, and upgrades to their facilities as areas where they would invest.

We recognize that a private industry study like this does not offer the same degree of reliability as an independent economic researcher and we have little information on the respondent pool or survey methods.

SurePayroll

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