Small businesses and minority businesses were hard hit by the recession, especially manufacturing and construction. The Gazelle Index survey shows they plan to increase future hiring.
Unemployment went down in December from 8.7% to 8.5%. But more importantly, jobs increased in industries hardest hit by the recession, manufacturing, construction and retail.
The Gazelle Index survey shows that hiring will increase in 2012; 27% of small businesses will increase hiring and 14% will cut. We forecast a 7.8% or lower unemployment rate.
Small business owners want the Presidential candidates to cut business taxes (especially Hispanic businesses) and make bank loans more easily available (particularly black business owners).
The Gazelle Index staff wishes you a prosperous 2012 We encourage you to set high goals for your business and your health and wellness.
Small businesses owners differ in what they want out of Presidential candidates. Hispanic businesses strongly prefer lower taxes, black businesses want more access to loans and credit.