February 25, 2018  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Small Business News for Entrepreneurs

 

Small Business Startup News

 

Small Business Owners Show Increased Optimism

Written by Ken Gaebler
Published: 11/3/2009

Small business owners more confident in the future than the present moment.

The Halloween week seemed to generate a more positive mood, in two recent polls conducted by Wells Fargo and the Gallup organization. There are signs of good news for small business owners, who expressed growing confidence in the economy in October.

Entrepreneur News for Startups

Optimism among small business owners improved during October, driven by improved outlook for revenue, capital spending and hiring, according to the quarterly Wells Fargo/Gallup Small Business Index.

The index is the sum of "present situation" and "future expectations" of small business owners for six key measures, including financial situation, cash flow, revenues, capital allocation spending, job hiring and credit availability.

The latest index readings showed a present situation score that was down one point to negative 24, while the future expectations score increased seven points.

Gallup said consumers also experienced a lift in October, with confidence and spending reaching their best levels in several weeks.

Gallup's Economic Confidence Index showed consumer spending improved to its "paycheck week" trend, giving the economy a lift in consumer spending on alternating weeks.

Have Friends Who Might Like This Article?

Tweet via @gaeblerdotcom Share this on Twitter

Let them know on LinkedIn

Ready to Learn More? We Think You Might Like These Articles:

 


About Our Small Business News

Our reporters cover all aspects of entrepreneurship. Our perspective is all about giving you news you can use to be a successful entrepreneur.

 

 

Additional Resources for Entrepreneurs

Help for Native American Entrepreneurs

Resources for Gay Entrepreneurs

Businesses for Sale

Online Entrepreneur Tools

Economics

Lists of Small Business Incubators

Lists of Angel Investors