The Columbus Dispatch

Small business owners are feeling optimistic

- By Joyce M. Rosenberg

Small business owners are more upbeat about where their companies and the economy are headed.

That’s one of the findings of a survey released Monday by the advocacy group National Small Business Associatio­n and ZipRecruit­er, an online employment marketplac­e. Nearly 60 percent of the 1,633 owners the survey questioned in December and January anticipate that the economy will grow in the next 12 months. That compares to 45 percent in a survey taken in July by the NSBA.

Their optimism is likely fed by a good performanc­e for their companies. Fifty-three percent said their revenue rose the last 12 months, the first time in a decade that a majority of owners surveyed by the NSBA reported increases. Two-thirds expect their revenue to grow in the coming 12 months.

Hiring also increased notably — 30 percent of owners reported they had added jobs in the past 12 months, compared with 22 percent who reported job gains in the previous survey. The NSBA noted that less than a third of small companies reported that they’d hired in the past year; that’s consistent with findings of surveys by banks and other groups that have shown owners are hiring conservati­vely.

Hiring plans were little changed, also in line with the findings of other surveys. Thirty-eight percent of owners expect job gains in the coming year versus 37 percent who had that expectatio­n in July.

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