PNC Survey: Business Owner Optimism Soars to 21-Year High
PITTSBURGH – PNC's latest semiannual survey of small and midsize businesses shows that business owner optimism about the outlook for their own business in the next six months has reached a 21-year high amid strong expectations for sales, profits and demand. Despite PNC economists' predictions for a shallow recession starting in early 2024, business leaders' outlook about their own companies has risen sharply this fall, with over three-quarters (77%) feeling highly optimistic, compared withPublished by The Business Journal, Youngstown, Ohio.
