by Bill McBride on 10/25/2013 08:27:00 PM
Friday, October 25, 2013
From the Press Enterprise (California's Inland Empire): ECONOMY: Small businesses feeling some love
Several business owners in Inland Southern California seem more upbeat, and American Express, which has done this survey twice annually since 2002, said the results indicate steady progress. ...This would be a welcome change! Happy Friday to all (it looks like another week with no banks closed by the FDIC).
"Small business owners appear poised to flip the switch to growth mode,” Susan Sobbott, president of American Express Open, said in a statement.
“I think we do see some optimism,” [Michael Vanderpool, president and COO of Security Bank of California, a Riverside-based small business lender] said. “Everyone wants it to be all over by tomorrow, but we know it won’t happen that way. It’s a slow slosh.”
Posted by Bill McBride on 10/25/2013 08:27:00 PM