What do the charts reveal?

Many small business owners are still very pessimistic about today’s economy. Merchant Circle reveals gloom statistics. As we can see close to 50% of more than 12,000 respondents to the survey disagree that the worse of the recession is behind us. We all have witnessed the tight lending by banks, but the once impacted more than anyone else are small business owners. Merchant Circle reveals that over 70% of the 12,190 business owners have negatively been impacted by the recession and 50% of them expect to have relatively the same or worse sales revenues in the next three months. When comparing this holiday season verses last year again over 55% expect lower revenues.  

See more from MerchatCircle here.