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And 72% of CEOs surveyed anticipate modest or significantly increased hiring in the next year.
Voters’ views on the economy don’t always match their own situation or national trends. The gap can color their views of candidates.
One survey showed small-business owners in a downbeat mood for the 25th straight month. Another had satisfaction at 85%.
Fairly low unemployment, gradually slowing inflation and continued economic growth are all positive signals. But there are risks too.
Inflation dipped slightly, but housing remains the biggest driver of rising prices.
A survey from the Institute for Supply Management found that a majority of service-sector businesses feel positive about business conditions and the overall economy.
When it comes to sales, inventory, hiring, credit conditions and more, small business owners are wary.
A majority still think the country is headed for a recession. But the majority’s shrinking.
So far this earnings season, most S&P 500 companies that have reported, beat revenue expectations.
Gap is the latest company to announce layoffs. Downsizing among employers reflects shifting consumer habits.