July WSJ/Vistage Small Business Index
Workforce expansion hits a 4-year low as small business confidence slides
The fall in investment and workforce expansion plans over the next year led to a decline in the July WSJ/Vistage Small Business CEO Confidence Index, dropping to a 7-month low of 85.9.
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WSJ/VISTAGE SMALL BUSINESS CEO CONFIDENCE INDEX
The WSJ/Vistage Small Business CEO Confidence Index is calculated from responses to a set of six questions about the current and future state of the U.S. economy, revenue and profitability projections and hiring and investment plans. Measured over time, the Index reflects trends in the U.S. economy.
EXPERT PERSPECTIVE
“Our July survey quantified all increases in various costs, revealing that some of the steepest cost increases have come from insurance, with 42% of small businesses reporting greater than 10% increases in insurance.”
ANNE PETRIK
VISTAGE VICE PRESIDENT OF RESEARCH
WSJ/VISTAGE SMALL BUSINESS INDEX COMPONENTS
The components of the Small Business Index include six standard questions that are scored as the percentage giving favorable replies minus the percentage giving unfavorable replies, plus 100. The WSJ/Vistage Small Business CEO Confidence Index is the sum of the components calculated as a percentage of the level recorded in the June 2012 survey. Because the survey began in June 2012, the Index for that month was 100.
WSJ/VISTAGE SMALL BUSINESS INDEX: CURRENT EVENTS
Each month the survey captures data on the most pressing issues and challenges small business leaders are facing. Analysis provides perspectives to help leaders make better decisions for their businesses.
COST REDUCTIONS
DEMOGRAPHICS
WSJ/VISTAGE SMALL BUSINESS INDEX ARTICLES
No results were found.
The WSJ/Vistage monthly survey measures the sentiment of U.S. small business leaders with revenues of $1-20 million about the economy, prospects and expansion plans for their business.