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Wednesday, August 3, 2011

Small Business Confidence Remains Soft In Province

The provincial economy remains flat and that's reflected in the latest survey from the Canadian Federation of Independent Business on how confident small business people in New Brunswick are these days.

Small business confidence remains below the national average and the C-F-I-B's Acting Director of Provincial Affairs Erin McGrath-Gaudet tells CHSJ News don't hold your breath waiting for an upswing anytime soon.

37 per cent of small businesses in the survey characterise the state of business as being good........50 per cent call it satisfactory and 13 per cent say it's bad.

It looks like employment plans for the next few months will be soft as well with 10 per cent planning to hire more people but 15 per cent say they will be downsizing.