New Survey Indicates a Drop in Small Business Optimism
Bowling Green, Ky – Hiring increased in March, but small business owners surveyed by the National Federation of Independent Business are less optimistic about the economy. Tom Underwood, the Director of the group's Kentucky chapter, says increasing concerns about fuel prices and budgets at the state and federal levels are worrying business owners. Underwood told WKU Public Radio that unknowns about healthcare costs and healthcare policies are making it difficult for business owners to plan for expansion.
The survey did find that 18 percent of those questioned plan to increase employment over the next three months. The NFIB describes that finding as the "brightest spot" in the March survey.