SmallBusinessNewz

Small Business Owners Outlook Improves

Six out of 10 small business owners in the U.S. plan on increasing capital spending but delay hiring because of their concerns about the economy from PNC Financial Services Group.Overall, the outlook of small business owners has improved slightly as eight out of 10 (compared to 76 percent in the spring) are moderately to greatly optimistic about their own company's prospects today while 20 percent are pessimistic (vs. 23 percent).

PNC Survey Finds Lots Of Pessimism

PNC started conducting its semiannual survey in 2003, so when an all-time record is set, it doesn't necessarily mean that a comparison to the Great Depression is in order.  That said, depression of a sort is at stake, as the latest PNC report puts business owners' pessimism at an all-time high.