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MIAMI, FL, September 11, 2015 /24-7PressRelease/ -- Despite strength in small-business operations, small-business owners' confidence in the overall economy has waned which is having a negative impact on businesses. A recent article on The Wall Street Journal (Small Business Owners' Confidence in Economy Wanes, 26 Aug 2015) reported that a monthly survey of small firms found that confidence in the US economy among small business owners has been declining for much of 2015.
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The August survey found that only 42% of the 682 small businesses surveyed said economic conditions were better than a year ago, down from 47% in July and a January peak of 67%.
Despite the lack of confidence in the overall economy, small businesses remain optimistic about their own business prospects. 57% of small firms surveyed by The Wall Street Journal expected their total number of employees to increase over the next 12 months, while 46% forecast growth in investment spending. Nearly three-quarters expect higher revenue over the next 12 months and 57% forecast profitability to rise.
Miami's premier marketing firm, MarketStorm Global state that small businesses are fairly optimistic about their own futures and the only lack of confidence is within the overall economy as a whole.
In the US, small businesses are seeing a renewed strength and confidence in the US economy after being severely affected during the recession; this was due to a drop in consumer spending, a decline in house prices and banks stopping their lending. This renewed strength has come from improving consumer confidence and rebound in house prices.
MarketStorm Global is Miami's premier marketing firm that provides clients with cost-effective and innovative event marketing campaigns. This allows them to expand their business reach into exciting new target markets and opens up a wealth of strong sales leads to boost their business. Services that MarketStorm Global provides for their clients include direct marketing, events and promotions and lead generation.
MarketStorm Global support small businesses and are glad to see that the lack of confidence that small businesses have in the overall economy is not having an impact in overall business operations. The firm support and encourage business development and entrepreneurship through their own business development program as they teach individuals the skills and qualities to flourish in the business world of sales and marketing.
MarketStorm Global, Miami's premier marketing firm is a successful and innovative sales and event marketing firm that specialize in offering results driven, interactive marketing solutions to businesses throughout Miami.
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