Arab Today, arab today confidence among us companies increases
Last Updated : GMT 17:12:37
Arab Today, arab today
Arab Today, arab today

Confidence among U.S. companies increases

Arab Today, arab today

Arab Today, arab today Confidence among U.S. companies increases

Washington - Arabstoday

Confidence among U.S. small companies rose in September from a 13-month low, reflecting less pessimism about the outlook for sales and the economy, a private survey found. The National Federation of Independent Business’s index climbed to 88.9, the first gain in seven months, from August’s 88.1, which was the weakest since July 2010, the Washington- based group said today in a statement. The gauge averaged 100.7 in the six-year expansion that ended in December 2007. “About the only good thing to say about it is that it didn’t go down,” William Dunkelberg, the group’s chief economist, said in a statement, referring to the index. “Nothing has transpired to rally confidence that the recovery will pick up speed, now or at any time in the future.” Companies are reluctant to add workers or accelerate investment while they wait for signs the recovery in the world’s largest economy will be sustained. In this environment, policy incentives such as tax breaks for hiring will “not change the math much” for businesses, Dunkelberg said. The net share of owners projecting higher sales, adjusted for inflation, rose six points to minus 6 percent. The prior month’s reading of minus 12 was the lowest since March 2009. A gauge of expectations for better business conditions six months from now climbed four points to a net minus 22 percent from a record low in August. The survey’s net figures are calculated by subtracting the percent of business owners giving a negative answer from those with a positive response, and adjusting the results for seasonal variations. Hiring, Spending A gauge of whether small firms think this is a good time to expand increased one point to a net 6 percent. A measure of respondents planning to hire over the next three months fell one point to a net 4 percent. Plans for capital investment also dropped by one point to a net 20 percent. A measure of earnings trends decreased by one point to a net minus 27 percent, the report showed. At the same time, a net minus 12 percent of small businesses said they expect easier credit conditions, a one-point improvement from the prior month. Willson Builders Inc. is among small companies keeping a tight rein on payrolls and spending. The Toledo-based construction company is only taking on workers to handle new contracts and has seen its permanent headcount fall by two thirds to about 35 people in the past three years, according to vice president Don Kohntopp. The company has also idled two trucks and one forklift and isn’t buying new equipment. “We have adjusted the staff appropriately because of the downturn,” Kohntopp said in a telephone interview. “Everything is being watched very carefully, our cash flow is being monitored very closely. We are riding the storm out.” The NFIB report was based on 729 small business owner respondents through Sept. 29. Small businesses represent more than 99 percent of all U.S. employers and have created 65 percent of new jobs in the past 17 years, according to the U.S. Small Business Administration. A small business is defined as an independent enterprise employing up to 500 people.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today confidence among us companies increases Arab Today, arab today confidence among us companies increases

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today confidence among us companies increases Arab Today, arab today confidence among us companies increases

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Egypt tourism revival steady but slow

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today 600,000 children may flee to Bangladesh

GMT 06:49 2017 Monday ,18 September

600,000 children may flee to Bangladesh
Arab Today, arab today Equifax executives step down

GMT 16:16 2017 Saturday ,16 September

Equifax executives step down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today 5,000 'Dieselgate' deaths in Europe per year

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Renault-Nissan to launch

GMT 10:44 2017 Saturday ,16 September

Renault-Nissan to launch
Arab Today, arab today Eman Al Assy receives three offers

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers
Arab Today, arab today 'Severe' Typhoon Doksuri pounds Vietnam

GMT 15:49 2017 Friday ,15 September

'Severe' Typhoon Doksuri pounds Vietnam

GMT 11:10 2017 Friday ,15 September

Fadl Shaker retreats from surrendering himself

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 10:25 2017 Thursday ,14 September

Greece fumbled oil spill response

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:45 2017 Sunday ,17 September

France's hurricane-hit St Martin

GMT 21:57 2017 Sunday ,17 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday