Last updateFri, 22 May 2020 4pm

Manufacturing & The Economy

Small Business Confidence Remains High

According to the Q2 2019 CNBC/SurveyMonkey Small Business Survey, 56% of respondents say current business conditions are “good,” compared to 52% in Q1 2019. Additionally, 60% of small business owners expect an increase in revenues, up from 57% in Q1 and 31% expect an increase in full-time employee numbers, up from 28% in Q1. Still, the overall confidence index is tempered by the diminishing positive impact of tax policy changes. Only 28% of small business owners expect changes in tax policy to have a positive effect on their businesses over the next 12 months, down from 31% in Q1 and 44% a year ago (Q2 2018.)

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