January 25, 2021  
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 Finance News


Economic Recovery Not Being Felt By Small Businesses

Written by Jenna Weiner
Published: 4/14/2010

As the economy begins to bounce back, small businesses say they aren't doing better.

Small businesses are being left behind as the economy begins its recovery, the Chicago Tribune reports.

Entrepreneur Mixed Financial Results

Citing pessimistic small business news from the the recent National Federation of Independent Business Index, the paper says that entrepreneurs aren't catching the positive mood that has raised the stock market 77 percent in just over one year.

Columbia University professor of entrepreneurship Clifford Schorer told the Tribune that small businesses "are suffering in every conceivable way." Pointing out that even big businesses must have started small, he said that "government doesn't seem to know that growth comes from small business. Every new job created in the last 30 years came from small business."

Economists who have been focused on more positive news were disappointed by the NFIB survey, the paper said. In a note to clients, Goldman Sachs economist Jan Hatzius explained that the new data could indicate conditions aren't improving as firmly as once thought.

Released this week, the NFIB survey showed that small business owners continued to be pessimistic about the economy during the month of March. NFIB's index hit an eight-month low, and continued its longest-ever streak below the mark of 90.

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 small business news site is packed with useful information for small business startups and entrepreneurs. Find helpful entrepreneur resources about small business management, financing, marketing & technology.



Additional Resources for Entrepreneurs

Help for Native American Entrepreneurs

Resources for Gay Entrepreneurs

Businesses for Sale

Online Entrepreneur Tools


Lists of Small Business Incubators

Lists of Angel Investors