Wednesday, February 20

Small businesses, which are still the feeling of 'fiscal Cliff' pinch

SIA wee, - 5 days

Small business confidence was virtually flat in January as the contractor failed to recoup losses from the in the December hysteria over the so-called "fiscal cliff."

This is the finding of a monthly survey by the National Federation of independent business. The group said on Tuesday that its small business optimism index only 0.9 points to 88.9 last month from 88 points in December 2012 lined.

Although a tax deal was reached in January of tax increases and spending cuts, the benefits are hard for a large part of the main road remained - a traditional driver of new jobs in the last economic downturn. (Read more: in the middle of 'Fiscal Cliff' deteriorating stalemate, main street)

"The only good news is that it ', moves not down'." If small businesses publicly traded companies, the stock market in a shambles,"said NFIB Chief Economist Bill Darling. "While the corporate profits as share of GDP at record levels, small businesses fight make still make a profit" he sadly prepared statement in one.

The current monthly reading among small business owners showed kick-off also low expectations for future growth - clearly no good way, 2013.

Expectations for improved terms and conditions remained generally low. Create actual creation of jobs and job wasn't enough to keep pace with population growth improved nominally, but plans yet.

The NFIB also noted that sales trends, reporting declining sales mostly remain negative for small employers with more owners.

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