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Discover® Small Business WatchSM: Small Business Confidence Rises as Cash Flow Issues Decline

by swmerchant 30. June 2009 10:21
RIVERWOODS, Ill.--(BUSINESS WIRE)--Jun. 29, 2009-- Economic confidence among small business owners rose slightly in June as cash flow concerns abated and the mood on the economy held steady, according to the latest Discover® Small Business WatchSM. The monthly index rose to 80.9, up from 78.1 in May.

“Cash flow problems are back to levels that are more in line with what we’ve typically seen since the Watch began nearly three years ago,” said Ryan Scully, director of Discover's business credit card. “Cash flow concerns usually erode confidence because they represent something tangible to a business owner, more so than an expectation or perception about the economy.” Read More

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