New Survey: Small Businesses and Manufacturers Believe Government A Barrier, Not A Help, To Economic Growth
How are you feeling about the government’s ability to help you as a small business owner?
A new survey shows that if you’re like most small business owners, then you see the government as a barrier to growth.
That’s right. Just weeks before the elections a new survey paints a potentially bleak picture for small business.
Check out this article on NAM.org called “Small Businesses and Manufacturers: Government a Barrier, Not a Help, to Economic Growth“…
“The National Association of Manufacturers (NAM) and the National Federation of Independent Business (NFIB) today announced the results of a nationwide survey of small businesses and manufacturers. The results cast a harsh light on the state of the U.S. economy six weeks before Election Day.
“The poll, conducted by Public Opinion Strategies (POS), surveyed 800 small business owners, manufacturers and decision-makers at small and medium-sized companies, with a majority (55 percent) saying the national economy is in a worse position compared to three years ago. Among the chief factors survey respondents cited were federal regulations, taxes, government spending and the cost of health insurance and energy.
“Key survey findings include the following:
- 67 percent say there is too much uncertainty in the market today to expand, grow or hire new workers.
- 69 percent of small business owners and manufacturers say President Obama’s Executive Branch and regulatory policies have hurt American small businesses and manufacturers.
- 55 percent say they would not start a business today given what they know now and in the current environment.
- 54 percent say other countries like China and India are more supportive of their small businesses and manufacturers than the United States.”
Click here to continue reading and discover more about the survey results on NAM.org…
Related article
- This Is The Government’s Definition Of A Small Business? (baybusinesshelp.com)
I clicked through and read the report, and am not impressed. Their “methodology” is suspect, at best.
They say they interviewed 800 small business owners and C-level execs of companies < 499 employees, however, they do not indicate how they chose those businesses. Were they randomly picked? Targeted from specific areas of the country? Targeted from specific industries?
They also did not publish their survey questions, which is important to discover if there was bias in the questions themselves.
Sorry, but it seems like a fluff-piece without any rigorous method behind it.
Thanks for your feedback, Bryan. Really appreciate it! You bring up good points.