Michigan Business Network

Chris Holman welcomes back Kurt J. Rankin vice president and senior economist for The PNC Financial Services Group, Pittsburgh, PA. PNC’s latest semi-annual survey of small- and mid-sized businesses, which concluded Feb. 2, results are out, tell us about them? Drill down on optimism for next 6 months? So that optimism is for the overall economy and their own businesses? How about profits? PNC’s latest semi-annual survey of small- and mid-sized businesses, which concluded Feb. 2, shows that business owner optimism about economic conditions over the next six months has reached a 22-year high amid lessening fears of a recession. Top-Level Findings PNC’s latest semi-annual survey of small and mid-sized businesses shows that business owner optimism about economic conditions over the next six months has reached a 22-year high amid lessening fears of a recession. A majority of those surveyed (55%) are highly optimistic about the national economy, rocketing up from 34% last fall and 26% a year ago. Four in 1