Mid-term Guild to read- 9924603

Mid-term Guild to read- 9924603 - Tao Hoang Jiang-u9924603...

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Tao Hoang Jiang-u9924603 Mid-term Report How to Make Small Business Owners More Optimistic Small business owners just like a sand grain at the seaside but it’s very important for the economy even their confidence is at record lows. With the right policy, we can raise a whole economy at the abyss or destroy it all. Economic performance is largely a self-fulfilling prophecy. If business owners believe that the economy will get better in the future, they will act in ways that lead to growth: Buy products, hire employees, expand inventories, and make investments. If they don’t, something very bad will happen. So the business owner’s outlooks are very important especially small business owner’s because their account more than half of non-agricultural private economic production in the U.S according to the Small Business Administration. But at the moment, small business owners are very pessimistic. Unemployment jumped to 10.8 percent, the NFIB Small Business optimism index dropped below 90 for only single quarter and then rocketed to record heights in early 1983 when the expansion began. In contrast, the index has been above 90 in only four of the past 28
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This note was uploaded on 05/02/2011 for the course FINANCE 9924603 taught by Professor Ssgdbfb during the Spring '11 term at Kyung Hee.

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Mid-term Guild to read- 9924603 - Tao Hoang Jiang-u9924603...

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