The BusinessPulse, powered by Barlow Research Associates, Inc., provides detailed analysis and reporting on small business sentiment including economic position, economic confidence, and credit outlook for small and middle market companies. Barlow Research surveys more than 2,800 companies annually across the U.S. to gather current viewpoints and draws on 10 years of data to provide in-depth research on economic trends to the commercial banking sector.
1 out of 5 small businesses had employee decreases over the past 12 months
Small businesses anticipate a continued slowdown in hiring over the next 12 months as a result of streamlining their business and finding areas to create efficiencies
of small businesses have increased their prices
but profitability was limited with
of small businesses seeing decreased profits
of small businesses expect to increase their prices over the next 12 months
of small businesses have taken steps to prepare for an ownership transition