On November 30, Gallup published a survey titled “U.S. Small-Business Owners Pessimistic Post Election.”
A couple of notable excerpts include:
U.S. small-business owners are pessimistic post-election, with the Wells Fargo/Gallup Small Business Index plunging to -11 in November from 17 in July. This is the most pessimistic that owners have been about their operating environment since July 2010, when the index stood at -28.
- Thirty percent of owners expect “poor” cash flow over the next 12 months — the highest Gallup has measured to date.
- Twenty-eight percent of owners expect to be in a “poor” financial position 12 months from now — the highest Gallup has measured to date.
Also shown are three charts depicting the Wells Fargo/Gallup Small Business Index, the Future Expectations Dimension, and Present Situation Dimension since August 2003.
StratX, LLC offers the above commentary for informational purposes only, and does not necessarily agree with the views expressed by these outside parties.
StratX, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future weak(ening) economic conditions, and offers businesses and other entities advice, strategies, and actionable methods on how to optimally adapt to such challenging, complex conditions.