Is Donald Trump winning over historically optimistic US entrepreneurs?
Although confidence rose among all sizes of business, owners of micro companies registered the greatest shift in opinion. A separate survey, by the conservative National Federation of Independent Business (NFIB) lobbying group also showed the second-highest level of approval for Trump since taking office. these numbers are historically high, ” Juanita Duggan, president and CEO of the NFIB, told CNBC. “This shows small business owners are more than just optimistic, they are ready to grow their business.”
Main Street is BOOMING thanks to our incredible TAX CUT and Reform law. “This shows small-business owners are more than just optimistic, they are ready to grow their businesses.” https://t.co/w9aw68UwOj? Donald J. Trump (@realDonaldTrump) February 20, 2018
Economic upliftHowever, others have suggested a general uplift in economic performance had also brewed business confidence. In the non-partisan National Small Business Association’s (NSBA), end of 2017 report, half of small business owners believed the economy was performing better than six months previously. “I think the jump in optimism isn’t just due to tax reform, but largely due to the economy doing better, ” Molly Day, NSBA vice president of public affairs told CNBC. “Certainly, the tax reform piece is helpful, but in reality I think small businesses are just now starting to digest what it means for their business.” __________________________________________________________________________________
Why it’s time to make the most of Britain’s special relationship with the US Regardless of the details of any future trade deals between the UK and EU, Brexit could be the spark that ignites greater interest in opportunities in North America from UK SMEs. __________________________________________________________________________________