meta_pixel
Tapesearch Logo
Log in
The John Batchelor Show

#SmallBusinessAmerica: The startups tumble. @GeneMarks @Guardian @PhillyInquirer

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 13 June 2023

⏱️ 6 minutes

🧾️ Download transcript

Summary

Photo: No known restrictions on publication.
@Batchelorshow


#SmallBusinessAmerica: The startups tumble. @GeneMarks @Guardian @PhillyInquirer
https://www.wsj.com/articles/more-startups-throw-in-the-towel-unable-to-raise-money-for-their-ideas-eff8305b?mod=mhp

Transcript

Click on a timestamp to play from that location

0:00.0

I'm John Batsu with my colleague and friend Jean Marks, the small business columnist for

0:09.6

the UK and US edition of the Guardian newspaper and our hometown newspaper, the Philadelphia

0:14.7

Inquire.

0:15.7

Jean, you send me an article where a press release from the NFIB's chief economist.

0:22.9

Overall, small businesses owners are expressing concerns for future business conditions, supply

0:28.6

training, disruptions, labor shortages will continue to limit the ability of many small

0:33.4

firms to meet the demand for their products and services, while less severe than last

0:38.8

year's experience, not positive.

0:42.1

That is an overall, very generous way of saying we're waiting for the recession.

0:46.8

Is it here or is it not?

0:48.4

Is that a question you hear, Jean?

0:49.9

I do hear that a lot.

0:52.4

And you know, you and I have talked about this a lot.

0:55.9

And I still go back to, you know, it depends on what industry you enter, what, you know,

1:01.0

what type of, what region that you are located in.

1:03.9

There's just too many, you know, conflicting data points that are out there.

1:10.6

But the NFIB, they report every month on their small business optimism and small business

1:15.2

sentiment and sentiment levels for the best five, six months have been very, very loud

1:19.7

like it, you know, almost approaching 2009, 2010 recession levels.

1:25.7

So, you know, and they have a large audience that they take the study from them, by the way,

1:28.7

they've been doing the study for like 50 years.

1:30.1

So I do put a lot of confidence into Bill Dunkelberg's work, he's the chief economist there.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from John Batchelor, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of John Batchelor and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.