Small Business Confidence Retreats

Nova78

Gold Member
Dec 19, 2011
4,095
1,935
Small Business Confidence Retreats After Three Months of Gains

Virtually no owners think the current period is a good time to expand," said NFIB chief economist Bill Dunkelberg in a prepared statement. Plus, "over 75 percent think that business conditions in 6 months will be no better or worse than they currently are," he said.

Although housing and the energy sectors are forecast to add jobs, Main Street collectively has no plans to create new employment in the coming months, according to the monthly sentiment report.

Job Creation Tumbles

Plans to create small-business jobs tumbled in March, falling 4 points to a net zero percent of small employers, who plan to increase total employment, according to NFIB data.

Turns out what's happening in the broader U.S. economy—an anemic employment picture—is playing out among mom and pops. Private sector job creation was considerably less than forecast for March. That report was released jointly by ADP and Moody's Analytics last Wednesday.

Overall, it appears that there will be little growth coming from the small business half of the economy and as the world economy slows, maybe even less from big business," Dunkelberg said.

With Obamacare ,higher taxes,and immigration reform. all you will get is a big kick in the ass.......
 
Small Business Confidence Retreats After Three Months of Gains

Virtually no owners think the current period is a good time to expand," said NFIB chief economist Bill Dunkelberg in a prepared statement. Plus, "over 75 percent think that business conditions in 6 months will be no better or worse than they currently are," he said.

Although housing and the energy sectors are forecast to add jobs, Main Street collectively has no plans to create new employment in the coming months, according to the monthly sentiment report.

Job Creation Tumbles

Plans to create small-business jobs tumbled in March, falling 4 points to a net zero percent of small employers, who plan to increase total employment, according to NFIB data.

Turns out what's happening in the broader U.S. economy—an anemic employment picture—is playing out among mom and pops. Private sector job creation was considerably less than forecast for March. That report was released jointly by ADP and Moody's Analytics last Wednesday.

Overall, it appears that there will be little growth coming from the small business half of the economy and as the world economy slows, maybe even less from big business," Dunkelberg said.

With Obamacare ,higher taxes,and immigration reform. all you will get is a big kick in the ass.......


well, liberals are anti-business and Marxist so it is no surprise. To them business is just a cash cow to suppport their vote buying welfare programs.
 
A factor in the jobs drag is mandatory federal spending cuts. "One reason is the sequester. I think that will start to kick in," Moody's economist Mark Zandi said last week on CNBC. "I think that will start to show up in jobs in the next few months. The other thing is health care." (Read more: Sequestration — CNBC Explains)

For employers, there has been a heavy cloud of uncertainty about anticipated spending cuts and costs associated with Obamacare that go into effect in 2014.


http://www.cnbc.com/id/100623684
 
http://www.census.gov/econ/smallbus.html



Employment size of enterprise

Firms

Estab-
lish-
ments

Paid
employees

Annual
payroll
($1,000)

Sales or
Receipts
($1,000)




n/a - Receipts data are available for employers only for the years for which an economic census is taken (2007, 2002, 1997).




All firms

27,281,452

28,952,489

120,903,551

5,130,509,178

n/a



Nonemployer firms

21,351,320

21,351,320

n/a

n/a

962,791,527



Employer firms

5,930,132

7,601,169

120,903,551

5,130,509,178

n/a



Firms with 1 to 4 employees (or with no employees as of Mar 12)

3,617,764

3,624,614

6,086,291

232,062,907

n/a



Firms with 5 to 9 employees

1,044,065

1,056,947

6,878,051

222,504,912

n/a



Firms with 10 to 19 employees

633,141

667,463

8,497,391

293,534,352

n/a



Firms with 20 to 99 employees

526,307

705,430

20,684,691

774,589,335

n/a



Firms with 100 to 499 employees

90,386


359,902

17,547,567

706,476,693

n/a



Firms with 500 employees or more

18,469

1,186,813

61,209,560

2,901,340,979

n/a



Firms with 500 to 749 employees

6,060

72,676

3,681,760

156,491,764

n/a



Firms with 750 to 999 employees

3,038

48,005

2,617,087

114,635,897

n/a



Firms with 1,000 to 1,499 employees

3,044

64,556

3,720,654

167,658,791

n/a



Firms with 1,500 to 1,999 employees

1,533

45,062

2,653,392

121,800,728

n/a



Firms with 2,000 to 2,499 employees

904

36,081

2,011,244

94,406,916

n/a



Firms with 2,500 to 4,999 employees

1,934

120,416

6,726,611

329,188,349

n/a



Firms with 5,000 employees or more

1,956

800,017

39,798,812

1,917,158,534

n/a



Firms with 5,000 to 9,999 employees

975

121,835

6,773,466

337,598,036

n/a



Firms with 10,000 employees or more

981

678,182

33,025,346

1,579,560,498

n/a
 
ObamaCare Small Business Facts



• About one half of the uninsured across the country are small business owners, employees or their dependents.

• Defining Small Business: A small business can range from 1 to 500 employees and do millions upon millions in business. In some industries a small businesses can have up to 1,500k employees.

• Small businesses can also include hedge funds using pass throughs and other loop-holes.

• The United States has almost 6 million small employers, 90 percent of which employ fewer than 20 people.

• Small businesses with under 25 employees benefit the most from ObamaCare.

• 25% of of business owners are uninsured, another 50% rely on family. 60% of those who do have private insurance have incomes up to four hundred percent above the poverty level.

• Small Business employees over half of the workforce and are the main driving force in job creation.

• Over the past decade, average annual family premiums for workers at small firms increased by 123 percent, from $5,700 in 1999 to $12,700 in 2009, while the percentage of small firms offering coverage fell from 65 to 59 percent.

• Obamacare will provide subsidized healthcare to 83% of small business owners who are currently uninsured.
 
ObamaCare Small Business Facts



• About one half of the uninsured across the country are small business owners, employees or their dependents.

• Defining Small Business: A small business can range from 1 to 500 employees and do millions upon millions in business. In some industries a small businesses can have up to 1,500k employees.

• Small businesses can also include hedge funds using pass throughs and other loop-holes.

• The United States has almost 6 million small employers, 90 percent of which employ fewer than 20 people.

• Small businesses with under 25 employees benefit the most from ObamaCare.

• 25% of of business owners are uninsured, another 50% rely on family. 60% of those who do have private insurance have incomes up to four hundred percent above the poverty level.

• Small Business employees over half of the workforce and are the main driving force in job creation.

• Over the past decade, average annual family premiums for workers at small firms increased by 123 percent, from $5,700 in 1999 to $12,700 in 2009, while the percentage of small firms offering coverage fell from 65 to 59 percent.

• Obamacare will provide subsidized healthcare to 83% of small business owners who are currently uninsured.

So, in short.... Obamacare will cost a massive amount due to huge costs associated with subsidies and, Obamacare will stifle most businesses from every growing above 25 employees and incentivise companies with around 25 employees to downsize to gain a subsidies.

Yeah, that won't and has not already started to backfire, lol.

Why does TM hate the middle class so much?
 
Small businesses isn't getting an $85,000,000,000 per month handout from the FEDS like WallStreet...so yeah.
 
We're only at 17 trillion, why stop there!!!

Let me guess, if we only cut that 700 billion from military spending (that Obama/Dems do lol) we would have a balanced budget!!! Of course you still need to come up with 600ish billion (and growing!)a year...

So go ahead, keep adding to the deficit by giving people "free" healthcare. We can so afford it!
 
Never fear Avory, haven't you seen Obama's budget. It is going to cut $1 trillion of that $17trn at some point in the next 10 years - but doesn't say how - just you know, we have their word. That has always worked so well before.
 
All businesses small and large should lobby to the government so they no longer have to provide health coverage.
 
2012 sucked for most.
There were high hopes that 2013 would improve.
After 4 months, it does not look like 2013 will be any better.
 
the republican plan to nip the recovery in the bud is working?

Did you just admit the recovery is not working? And you spent so much time making it sound as if it were in full swing.

we might as well give up!! Liberals pretended the Depression was disappearing for 10 years!! To this day they will argue that the Depression was a great period and we need more Depression era programs.
 

Forum List

Back
Top