The State of Small-Business Optimism

Are you optimistic about the financial future of your small business, or do you run more on the pessimistic side of the scale? As you might surmise, optimism, or lack thereof, plays a major influence in small business capital spending patterns. Take a read through this overview of the Wells Fargo/Gallup Small-Business Index that shows the current trends on small business optimism and capital spending.

Small-business owners concerned about their future financial position caused the Wells Fargo/Gallup Small-Business Index to decline six points to positive 17 in a survey conducted in July, erasing gains made earlier this year. However, business-owner optimism has improved “significantly” from a low point in the third quarter of 2010, the report noted.

Read the complete article: Small-Business Optimism Declines, Spending on Smartphones Rises