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There is some good news.
"Just over half (54 percent) of California’s small business owners now believe 2011 will be better than last year, with 36 percent expecting it to be the same as last year and only 10 percent expecting it will be worse, according to a survey of small businesses paid for by Citibank.
There’s also been an increase in California entrepreneurs’ optimism about both current and future business conditions, offering an indication that after battling through the Great Recession, small businesses are finally poised for growth, Citibank says."
Of course this was taken before the massive increase in the cost of oil and gasoline, the news that home prices will continue to decline and that even Wal Mart is no longer growing.
Not sure why folks have optimism--but glad they have it.
More...
"Just over half (54 percent) of California’s small business owners now believe 2011 will be better than last year, with 36 percent expecting it to be the same as last year and only 10 percent expecting it will be worse, according to a survey of small businesses paid for by Citibank.
There’s also been an increase in California entrepreneurs’ optimism about both current and future business conditions, offering an indication that after battling through the Great Recession, small businesses are finally poised for growth, Citibank says."
Of course this was taken before the massive increase in the cost of oil and gasoline, the news that home prices will continue to decline and that even Wal Mart is no longer growing.
Not sure why folks have optimism--but glad they have it.
More...