Tag Archives: red tape

Small biz losing faith in recovery

Small business owners are growing less confident about the economy, reversing a recent trend of rising optimism, according to a survey released Tuesday.

The National Federation of Independent Business reported that its monthly Index of Small Business Optimism dropped 3.2 points in June, following modest gains in previous months.

Culture_Currency(2).JPGBusiness owners surveyed are most concerned about poor sales (30 percent), taxes (20 percent) and government regulations and red tape (15 percent.)

Continue reading