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The John Batchelor Show

#SmallBusinessAmerica: Caution and even pessimism in place.@GeneMarks @Guardian @PhillyInquir

The John Batchelor Show

John Batchelor

News, Society & Culture, Books, Arts

4.52.8K Ratings

🗓️ 12 August 2023

⏱️ 8 minutes

🧾️ Download transcript

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#SmallBusinessAmerica: Caution and even pessimism in place.@GeneMarks @Guardian @PhillyInquirer

https://genemarks.medium.com/the-economy-is-strong-but-small-businesses-are-as-pessimistic-as-ever-heres-why-d032efcfd6df



Transcript

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0:00.0

This episode is brought to you by Shopify.

0:03.0

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0:07.0

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0:12.0

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0:17.0

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0:23.0

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0:35.0

This is CBSI in the world. I'm John. That's with my colleague and friend Jean Marx, a small business columnist.

0:40.0

The business of America is small business. That's where the future lies right now.

0:45.0

That's where the future employees, the future owners are right now.

0:50.0

And small businesses have opinions and I've learned to watch them these last years thanks to Jean.

0:55.0

Because they know things before you're supposed to know them.

0:58.0

So we come to a column that Jean has written for the Hill.

1:01.0

He writes for a lot of distinguished publications.

1:03.0

And this column emphasizes that things are good.

1:06.0

So what's with you people?

1:08.0

The National Federation of Independent Businesses. What is it telling us, Jean?

1:12.0

Well, the NFID puts out their monthly small business optimism index.

1:17.0

You and I have talked about this index before. They've been doing it for decades.

1:21.0

It's legit. They've got a good methodology.

1:24.0

Like you said, you know, they're interviewing thousands of businesses that are their members.

1:29.0

And small businesses generate half a GDP and half the employment in this country.

1:32.0

If they're optimistic, that's good for the economy.

...

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