RIVERWOODS, Ill.–Economic confidence among the nation’s 22 million small business owners remained flat in February, gaining only a half-point over the previous month in the latest Discover® Small Business Watch(SM). The monthly index rose to 71.9 in February from 71.4 in January.
“Even the anticipation of a massive federal stimulus package couldn’t move the needle of economic confidence any higher for small business owners this month,” said Ryan Scully, director of Discover’s business credit card. “More than half of small business owners plan to decrease spending on business development in the next six months, which matches the low point in this category set in November 2008.”
February Findings:
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