S8 Ep1114: Preview for Later Today: Gene Marks reports on the healthy state of American small businesses, citing data from QuickBooks and Clover showing increased revenues and job growth. He notes that positive economic news often struggles for media attention.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 10 July 2026
⏱️ 2 minutes
🔗️ Recording | Apple Podcasts | RSS
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Summary
Preview for Later Today: Gene Marks reports on the healthy state of American small businesses, citing data from QuickBooks and Clover showing increased revenues and job growth. He notes that positive economic news often struggles for media attention.
Transcript
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| 0:00.0 | colleague jane marx watches small business and right now small business is making money they're reporting positive |
| 0:06.9 | earnings at mid-year healthy times for small businesses and that is the driver of the american economy |
| 0:14.1 | do all the hiring do all the growth to the future small businesses jean also reports that television doesn't like good news. |
| 0:24.4 | He doesn't get as many bookings with all the good news that he did when the news was dire. |
| 0:29.5 | Maybe a booking prejudice? |
| 0:31.2 | I don't know. |
| 0:32.6 | I could guess. |
| 0:34.1 | Here's Gene on tonight. |
| 0:36.0 | More. |
| 0:37.0 | It is. |
| 0:39.2 | I mean, there are two studies that I looked at. |
| 0:44.1 | Inuit, I like data, John, so I don't like surveys. I like to hear from customers. |
| 0:46.9 | So Intuit makes QuickBooks. |
| 0:50.0 | So there's countless small businesses that use QuickBooks. |
| 0:52.4 | It's the number one accounting software and all that. Anyway, they published a monthly report of revenues and jobs from their QuickBooks database. |
| 0:58.5 | And this most recent report, which just came out a week ago, says that revenues are up for small businesses. |
| 1:05.5 | F-S-S-E-R-V. It's F-I-S-E-R-V. |
| 1:08.9 | They're a payment processing platform. |
| 1:12.4 | I watch their index. |
| 1:13.8 | They publish a monthly small business index. |
| 1:15.9 | Again, it's pulled from their transactions, their data. |
| 1:20.2 | And they're saying that their customers are showing increased sales. |
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