The NSBA’s Mid-Year Economic Report, which surveyed 400 of the group’s members online between June 24 and July 11, offered little to be optimistic about:
More than one-third say they aren’t confident about the future of their business from a financial perspective
Eighty-eight percent anticipate a recession or flat economy in the next year, an increase from 78 percent six months ago
Forty-five percent expect no growth opportunities in the coming year, up from 40 percent in December.