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  • 5/24/16 9:00 am EDT

    While More Upbeat on the Local Economy, Boston Small Business Owners Pause on Hiring and Growth Plans

    Boston small business owners’ confidence in both the national economy and their business is on the decline this year, according to the spring 2016 Bank of America Small Business Owner Report, which found that only 33 percent feel confident that the national economy will improve over the next year – an 18 percentage-point drop from a year ago. The survey also found that the upcoming elections may be affecting their outlook, with 64 percent believing the presidential election will affect theirmore...
  • 5/24/16 9:00 am EDT

    Chicago Small Businesses Hold Steady on Revenue, Pare Back on Growth and Hiring

    Chicago small business owners’ confidence in both the national and their local economies is down significantly from last year, according to the spring 2016 Bank of America Small Business Owner Report. Only 33 percent of small business owners in Chicago say they are confident that the national economy will improve over the next year, a 25 percentage-point decrease from last year, while 41 percent are confident that their local economy will improve, down from 56 percent last year.The report, amore...
  • 5/24/16 9:00 am EDT

    Despite Rising Business Costs, 65 Percent of San Francisco Small Business Owners Expect Revenue to Grow in 2016

    Seventy percent of San Francisco small business owners believe a minimum wage increase will have a positive impact on the economy, according to the spring 2016 Bank of America Small Business Owner Report, a semi-annual study exploring the concerns, aspirations and perspectives of small business owners in San Francisco and around the country. This is much higher than the national average (47 percent), as well as other metropolitan areas, including Chicago (54 percent) and Los Angeles (48more...
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BOFA_NEWS ON TWITTER

RT : #Millennials lead the charge when it comes to #impactinvesting and making a difference: https://t.co/THbTD71bn8 https://t.co/Ugp0jgPzsO-19 hours 27 min ago
49% of #SBOs say skill level is the most important factor for hiring new employees: https://t.co/2gPy0LaKUS https://t.co/rshTzKIdEE-22 hours 13 min ago
Our customers are depositing more checks via mobile than ever before. Learn how: https://t.co/IaNZzQbbWY https://t.co/poOHE5QF83-2 days 22 hours ago
. on building stronger communities, brighter future defined by grace & mercy with Darryl Chambers https://t.co/i1u2ADavZM-3 days 18 hours ago
. on building stronger communities, brighter future defined by grace & mercy with Darryl Chambers https://t.co/i1u2ADavZM-3 days 18 hours ago