Area businesses are have more faith in the Michigan business marketplace than they did six months ago, according to a survey conducted by the Small Business Association of Michigan (SBAM).
According to excerpts from the article:
There’s even a slight up tick in the number of employers who say they hired more workers over the past half year.
Small business owners say there are still plenty of problems that need to be addressed: Decreasing sales and profits, poor access to credit, a lousy business climate and a continuing slide in perceptions of the fairness of the tax system.
The Barometer also flashes a warning sign to state legislators: only 6 percent of respondents give a positive rating to the performance of the Legislature.
Survey participants were asked if the number of employees on staff has increased, decreased, or remained stable over the last quarter. Employment appears to be inching slowly towards the historical average hiring level and becoming relatively more positive for small businesses in Michigan. Thirteen percent of those surveyed reported that they had hired more employees over the past quarter, a three percentage point increase over the past wave in January.
Read the entire article here.
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