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The John Batchelor Show

#SmallBusinessAmerica: OPTIMISM FOR 2025 @GeneMarks @Guardian @PhillyInquirer

The John Batchelor Show

John Batchelor

Books, News, Society & Culture, Arts

4.52.8K Ratings

🗓️ 16 November 2024

⏱️ 10 minutes

🧾️ Download transcript

Summary

#SmallBusinessAmerica: OPTIMISM FOR 2025   @GeneMarks  @Guardian @PhillyInquirer

1950 LA

Transcript

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0:00.0

This is CBSI in the world. I'm John Batchel.

0:03.0

The Business of America is Small Business, and I welcome the Small Business columnist

0:08.0

for the Guardian newspaper, UK edition, US edition, as well as our hometown newspaper, the Philadelphia Inquirer,

0:15.0

and other distinguished publications.

0:17.0

A traveling man, Gene Marks, he's visited Charlotte, he's visited Palm Springs,

0:24.2

speaking to small business councils and distributors. And that is the pulse of the economy,

0:30.9

right there. Jerome Powell wants to know what Gene knows. Gene, a very good evening to you.

0:36.5

The week after the week, it's calming down a little bit.

0:40.7

Now there's the Washington excitement of ministries being filled, but the markets have recovered

0:47.4

and have been gleeful for several days.

0:51.1

The question always comes up, what does small business think? They predicted Trump way back

0:57.4

in 15, 16, and they were not pleased with 20, but that was a pandemic year. And this year,

1:04.9

small business looks to be prospering. Is that accurate, Gene? Good evening to you. Hi, John. Yeah, small businesses so far in 2024. I've been muddling along. I did a piece in the hill a

1:18.6

couple of weeks ago that rounded up how many of them were doing, but they're moving, you know, they're

1:24.6

moving. I mean, I spoke to the pressure sensitive tape council.

1:28.5

These are CEOs of companies that make pressure sensitive materials, films, tapes, plastics,

1:36.3

you know, coated, laminated, hot melt.

1:40.3

These are things that go into solar panels and machines and products that are used even in everyday life, packaging, things like that.

1:48.0

And like all manufacturers, they have been muddling along this year.

1:54.0

I mean, they, when I showed them data from the Institute of Supply Management for manufacturing, which shows that manufacturing has been

2:01.5

really in contraction for the past 12 months. None of them were in disagreement with that.

2:06.9

They've been struggling, again, profitable, but just not, you know, not, you know, a hand over a fist.

...

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