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December 2, 2012
U.S. small-biz owners pessimistic post-election
Posted by Staff
Gallup reports:

U.S. small-business owners are pessimistic post-election, with the Wells Fargo/Gallup Small Business Index plunging to -11 in November from 17 in July. This is the most pessimistic that owners have been about their operating environment since July 2010, when the index stood at -28.

The quarterly survey was conducted Nov. 12-16, 2012, with a random sample of 607 small-business owners, representing the fourth quarter of 2012. Small-business owners grew increasingly optimistic throughout the first two quarters of 2012, with the index reaching a high of 23 in May. Prior to the beginning of the recession in 2008, index scores were generally higher than 100. The Wells Fargo/Gallup Small Business Index was initiated in August 2003.
12/2/12 8:14 AM
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