LITTLE GUYS ARE MAKING PLANSSmall businesses are set to expand
If the economy has slowed significantly in the second quarter, the nation's small businesses aren't aware of it. According to the National Federation of Independent Business, small-business optimism in its April survey rose during the month--''anticipating second-quarter growth at slightly less than 4%.''
While small-business owners see somewhat slower growth farther ahead, their spending projections haven't slackened. Hiring plans rebounded to near-record levels, capital spending intentions stayed strong, and plans to build inventories surged higher. The number who feel it is a good time to expand remained at its second-highest reading in years.
BY GENE KORETZ
Updated July 8, 1997 by bwwebmaster
Copyright 1997, Bloomberg L.P.