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Q1 Small Business Outlook Survey Results

 

U.S. Chamber SBN

We released the findings of our Q1 Small Outlook Survey yesterday, and small businesses from around the country said that energy prices and over-regulation are their top concerns.

Here are some of the highlights:

  • 78% of small businesses have the perception that the Obama administration isn’t doing enough to address the surge in energy costs, support American jobs or energy production.
  • 52% of the businesses we surveyed cited regulatory burdens from the government as the top threat they face in 2012.
  • 80% cited taxes, regulation, and legislation coming out of Washington as the biggest roadblocks to increased hiring.

So what do you think? What are your top concerns, as a small business person?

Click here for the full results of the survey.

Stuart MacLean

 

My top concern is monetary policy. We need to limit the Federal Reserve to a 'single mandate'; protect the dollar. The Sound Money Promotion Act - S1287 and Free Competition in Currency Act - H.R. 1098) will give the U.S. economy a foundation and it will curb the spending power in Washington.  As long as Washington has a 'too-big-to-fail' mandate we will not recover. A sound money policy will force congress, without it they'll continue to force us!

April 18th at 4:49pm
 

Ervon Fairbanks

 

April 18th at 12:55pm
 

Pat Bell

 

I am a small home health business - the Washington group trying to regulate with the DOL for increases in hours paid will essentially put me out of business - as there is no way I can pass on the cost to my clients.  Also, gas prices are starting to infringe on my caregivers and where they will go for work.  It seems like it is never ending with someone in Washington not living in the real time moment!!

April 18th at 12:30pm
 

MICHAEL F. ARNOLD, DDS

 

IT IS CLEAR TO ME THAT THE CURRENT ADMINISTRATION TRULY DOES NOT CARE ABOUT SUCCESS OF SMALL BUSINESS, AND WITH THEIR PENCHANT TOWARDS REDISTRIBUTING THE WEALTH AND INCREASING THE TAXES ON THE SUPPOSED RICH, THEY ARE DOING EVERYTHING IN THEIR POWER TO THWART GROWTH.  IT IS ONLY GOING TO GET WORSE IN JANUARY IF ALL OF THE GARBAGE IN OBAMACARE GOES INTO EFFECT.  HE HAS TO GO IN NOVEMBER!  THE FUTURE OF FREE ENTERPRISE DEPENDS ON IT.  I COMPLETELY AGREE WITH THE OUTCOME OF THIS SURVEY!!!

April 18th at 12:26pm
 

PEC

 

Stifled LNG exports coupled with huge supply and even greater US reserve estimates has drastically reduced the price of NG--not recognized as a flow-down to the consumer.  Decreased profit margins on NG and increased price for light sweet and brent crude have transfered economies to more business friendly states (ND, TX, LA, OH).  State and Fed Administration Policies continue to encourage low NG prices as they seek an energy transition to a point where margins on NG far exceed current resource utilization --problem is producers leave the NG sector decreasing production and the indirect employers of O&G service industries (and trickle down businesses) will be out of those markets before the select market stanglehold policies of the administration effect their desired shifts.  CPT, we're more optomistic too and expansion of service sectors and markets will keep good businesses afloat, but the closed door market place won't effect those private sector growth curves and hiring stints Americans should experience.  No raises, no hiring, reduction of benefits, and more work with less resources...  Our candidates job in office is to make the Fed Government as small a factor in our lives as is absolutely possible, full stop.

April 18th at 11:57am
 

Bill Palkowsky

 

My take on energy costs if we are discussing the price of gasoline is this is free market capitalism at its best. The price of crude is a world wide commodity and all the domestic drilling possible (which is up under the Obama)administration will not alter the profit motive of big oil. why would they sell for less and make less money. And while we're at it the oil subsidies need to be repealed.

April 18th at 11:42am
 

John Kusik

 

Uncertainty -- interest rates, availability of funds, regulations, cost of health care, inflation, political party nonsense instead of productivity.

April 18th at 11:19am
 

CPT Group

 

We're a lot more optimistic about our business (electrical contracting) than we were a year ago. We've been thinking about expanding our operations, but we're going to try to hold off on hiring any new employees for as long as possible, especially until we know more about the mandates from the health care bill.

April 18th at 7:33am
 

T&G Trucking

 

97% said a candidate's support for free enterprise was important.


Any candidate who's for more regulation will never get my vote. The ones who understand that it's best for the govt to step aside and let the businesses drive the recovery are the ones we need more of in office. Govt, especially at the federal level, only makes things worse.

April 18th at 4:49am
 

Cecilia Byrnes

 

After finally finishing filing my taxes, I'm convinced, now more than ever, that our tax system needs major reform. We're making ourselves less competitive by not taking up sensible tax reform.


Federal regulations also play a huge role in my business' decision-making. If we could just eliminate some of these unnecessary regulations, we would definitely see some economic growth.


Don't get me started on the health care law...

April 17th at 1:30pm
 

Don Biggs

 

Of course regulations coming out of Washington are killing my operations. I've been wanting to bring in one or two additional employees for over a year, but I'm hesitant to do so because of the uncertainty caused by federal laws and regulations coming down the pipe.

April 17th at 1:24pm
 
 
 

The EPA is at it again...

 

U.S. Chamber SBN

The EPA issued historic new regulations proposing the first limits of greenhouse gas emissions from power plants. The new rule likely would make new coal-fired power plants too expensive. This is bad for business and worse for our unemployment situation. Thoughts? Any small businesses out there that depend on affected power plants?

Read more about the rules here: http://www.uschambersmallbusinessnation.com/article/epa-announces-historic-rule-to-limit-climate-pollution-from-new-power-plants

 
 

Senate Passes JOBS Act

 

U.S. Chamber SBN

Yesterday, the Senate passed the JOBS Act, a bill aimed at increasing access to capital for startups and small businesses by reducing red tape and eliminating unnecessary regulations. Now, the bill moves back to the House. Hopefully, the House can carry this momentum and pass the bill and send it to President Obama's desk for his signature. Read more about the bill here: http://www.politico.com/news/stories/0312/74363.html.

As a small business person, have you struggled gaining access to capital?

 
 

Senate Passes Transportation Bill

 

U.S. Chamber SBN

Earlier today, the Senate passed a two-year highway and transit bill. As transportation and infrastructure are the platforms for business, this bill is a good start. Check out this Free Enterprise post to find out more about the bill. How does transportation and infrastructure affect your business?

 
 

Confidence Levels for US Small Businesses Reach One-Year High

 

U.S. Chamber SBN

As seen in a recent Free Enterprise blog post, confidence levels among U.S. small businesses rose in February to the highest level in a year as profits improved.

So, as a small business person, what's your outlook like? Are you feeling more optimistic?

Randy Watson

 

I've got a local distribution company and employ 22 full-time employees. Things are slowly picking up, but I definitely don't plan on adding any employees anytime soon. I'm still cautiously optimistic.

March 13th at 11:28am
 
 
 

Let Small Biz Do What It Does Best

 

U.S. Chamber SBN

Click here to view the Q4 Small Business Outlook Survey.

As a small business person, you know firsthand the challenges that you are facing. Join the conversation. Are these results consistent with your views on the economy? Are your more or less optimistic than a year ago? If you're not hiring, what's holding you back?

Join the national conversation about small businesses and your outlook for the future. Our country needs to hear from you!

ann

 

how about slashing tax entitlements for millionaires and corporations, instead using that revenue to create jobs, training and health care for the uninsured?

March 24th at 11:04pm
 

Rick Nadler

 

Several things need to be done, rein in the NLRB, simplify (and reduce the amount of compliance) the permitting processes at all levels of government.  Your local fire department can have a very negative impact on your building or improvemnt budget without providing much improvement in safety.  Implement the Fair Tax or at a minimum a flat tax.  Knowing that the chance of a Fair or flat tax is pretty slim, at least take a long term approach to tax policy so that we can run our businessed without worrying about whose vote they try to buy next.  Implement  "loser pays" litigation policies that protect us from frivolous and ridiculous law suits or employee actions.


Lease us alone and get out of the way!

February 6th at 5:43am
 

Glen Launey

 

We are dying out here! Get out of our way and quit telling us things are ok!

February 4th at 4:26am
 

Hank

 

We sure need government to help us compete on a level playing field on a global basis. Other major competitors of our country have a clear view of what's best for them and their citizens and through education, fiscal and other stimulants promote growth particularly in technology. Obviously we need fewer local and state hindrances but for us to compete on a global basis, we need to foster an environment of government and small businesses working together in industries where we can compete globally, based on superb technical and knowledge skills of our employees. For that we need affordable and first class education which we don't have. So rather than always harping on government, what about our universities and colleges; what about large corporations who take the manufacturing jobs overseas and lobby the parties through excessive funding thereby essentially trying to "buy" elections. Let's compare ourselves to countries like Germany with 4 % unemployment, 3  times as much of GNP contributed by manufacturing than the US, an environment where education is stimulated and grants are available for industries that grow and hire people. Instead of optimism, the US Chamber of Commerce seems to prefer to spread gloom and doom instead of being optimistic, constructive and trying to build an environment where innovation can succeed and purely looking exclusively at taxes is absolutely the wrong thing. Entrepreneurs are motivated by a lot more things than minimizing taxes and lobbying the government and the parties to promote their self interests

February 3rd at 2:27pm
 

Tarlok singh

 

I think government needs to help small business rather big corporations. Recently government helped company name solyndra (solar panel company)they gave them 500 million dollars but that money is gone because solyndra got bankrupt. Imagine that half billion dollar was given to small businesses and every business will creat at least 2 or 3 employes, if each business have gotten 300 thousand dollars that half billion dollars was gonna help thousands of businesses. Simple math think about it please. If you don't help small businesses how will they grow big? 

February 3rd at 2:09pm
 

Mark Blackney

 

Amen. Simply get out of our way.

February 3rd at 1:57pm
 

Roberta

 

Solve the debt crisis. Just please solve the  debt crisis

February 3rd at 1:20pm
 

Clarissa Anderstone

 

Congress needs more supporters of free enterprise and less tax-and-spend idealists 

February 3rd at 12:08pm
 

Suzanne

 

These results are similar to what we're seeing in Texas, but I'm more optimistic than the average person. I think and continue to believe that our best days are ahead. If that's not the case, why keep your doors open!?

February 3rd at 12:07pm
 

Ryan Miller

 

Honestly, the best thing they can do is just get out of our way.

February 3rd at 11:52am
 
 
 

SOTU

 

U.S. Chamber SBN

Be sure to follow @uschamberaction for real time updates of tonight's State of the Union Address.  Have thoughts on the speech?  Post them here.

 
 

SOPA and PIPA

 

U.S. Chamber SBN

The Stop Online Piracy Act (SOPA) and its Senate counterpart, PROTECT IP Act (PIPA) were drafted to stop rogue websites trafficking in pirated goods from selling unsafe and illegal goods to consumers – not to enforce Internet censorship.

We understand the harm of overregulation, but also recognize the necessity of rules when thousands of American jobs are being lost and hundreds of billions in America revenue are jeopardized because of rogue sites.

Do you agree?  Tell us your thoughts.

 
 

Chamber poll: Small biz blames D.C.

 

U.S. Chamber SBN

"Small businesses see Washington as a threat, not just because of the legislative items that have come out of Washington over the last several years, but increasingly also the regulatory threats,” said Chamber of Commerce National Political Director Rob Engstrom, citing the Environmental Protection Agency, the National Labor Relations Board, financial service regulations and “Obamacare.” “The uncertainty that comes from the regulatory arm, it really makes it hard for small business members to plan."

Full Survey Results

 
 

8 Steps To Greater Employment

 

U.S. Chamber SBN

The US Chamber of Commerce kicked off its 100th birthday celebration with a speech by the organization's President Tom Donohue on unemployment. 'Our nation's highest priority must be to put Americans back to work. To achieve this goal, our economy has to grow much faster than it is today. Unfortunately, we think the economy will actually slow down in the early months of the year. We expect growth to average about 2.5 percent in the first half and then work its way back to about 3 percent by the end of the year.'

 
 

Construction Industry Job Gains Contributes To Economic Optimism

 

U.S. Chamber SBN

After losing 2.2 million jobs in the economic downturn, the construction industry is projected to add 113,000 this year, more than doubling last year's pace and placing it among the fastest-growing sectors, according to a 2012 job market forecast by Moody's Analytics. Even a moderate rejuvenation of the troubled sector...helps the economy because of its ripple effects across industries such as furniture, steel and concrete."

 
 

Sweeping Changes In Store For Unions And Employers

 

U.S. Chamber SBN

Dramatic changes are in store for the nation's employers because of some controversial National Labor Relations Board actions. These changes are bound to transform the landscape of union organizing, and will likely alter the face of traditional labor as we now know it. The US Chamber of Commerce and the Coalition for a Democratic Workforce have filed a complaint against the NLRB in federal court, seeking to invalidate the final rule and to enjoin the board from enforcing it. Also, various members of Congress have announced that they will challenge the rule pursuant to the Congressional Review Act, which could stop implementation.

 
 

Cordray Pledges To "Expand" The CFPB's Oversight To "Non-Banks."

 

U.S. Chamber SBN

In a brief appearance before reporters, Cordray said he's eager to get to work as director of the new agency created as part of the Dodd-Frank Wall Street financial reform bill. 'We're gonna begin working to expand our [watchdog] program to non-banks, which is an area we haven't been able to touch up until now,' he said before White House press secretary Jay Carney pulled him away." Politico added, "Besides anger at Obama's power move, Senate Republicans' reactions included attacks on the CFPB's strong-director format, which they think puts too much power in the hands of a single unelected official at the expense of business."

 
 

Obama Defies Congress

 

Small Business Nation

President Obama will recess-appoint his nominees to the National Labor Relations Board (NLRB), bypassing a likely filibuster from Senate Republicans to keep the controversial agency operating in 2012. The president will use recess appointments to install Sharon Block, Richard Griffin and Terence Flynn as NLRB members. Block and Griffin are Democrats, while Flynn is a Republican.

But the move also puts Obama at odds with business, which has clashed repeatedly with the NLRB in recent months. Bruce Josten, the chief lobbyist for the US Chamber of Commerce, denounced the recess appointments as political favoritism and said they will 'further poison the well' at the labor board. The president is wading into uncharted waters with the appointments, made while the Senate is holding pro forma sessions. Dave Hirschmann, a top official with the Chamber, said a court battle over the constitutionality of Obama's action is a near certainty.

 
 

Power Plants Forced to Close

 

U.S. Chamber SBN

Due to new federal air pollution regulations, more than 32 power plants across the country will be forced to close their doors, according to a recent Associated Press survey. Those plants, which are mostly coal-fired, discharge enough electricity to supply more than 22 million households, the survey notes, and their closure will lead to job layoffs, depleted tax revenues, and a considerable hike in electric bills.

Opponents of the regulations have voiced their concerns.

And a US Chamber of Commerce advertisement warned that the regulations 'could threaten America's energy supply.'

 
 

Lawsuit Filed Against NLRB

 

U.S. Chamber SBN

Last night, the U.S. Chamber of Commerce and the Coalition for a Democratic Workplace sued the National Labor Relations Board (NLRB) to challenge the NLRB’s new “ambush election rule,” which will make it significantly more difficult for employers, especially small employers, to respond to union campaigns. The lawsuit, filed in the U.S. District Court for the District of Columbia, is called Chamber of Commerce, et al. v. NLRB.

 
 

Obama's Support is Needed

 

U.S. Chamber SBN

Republicans think they have a welcome-home present for returning troops: an oil pipeline project capable of producing 20,000 jobs. There's only one problem: President Obama must approve the pipeline, and Republicans claim he's refusing to do so to please 'extreme environmental groups.' That's the pitch being delivered by Sen. John Barrasso of Wyoming in the Republicans' weekly radio address. His Senate Republicans did what they could late Friday to force Obama's hand on the Keystone XL pipeline project. They agreed to a tentative deal that would only extend a payroll tax cut and extra unemployment insurance for two months if a decision on the pipeline is made in the same time period. Obama had wanted to wait until 2013. The article republishes Barrasso's statement in which he notes, "Everyone from members of the United States Chamber of Commerce to members of Labor Unions support this project."

 
 

Payroll Tax Cut Extension includes Keystone Pipeline Provision

 

U.S. Chamber SBN

Since yesterday's House vote to extend the payroll tax cut beyond the end of the year took place late in the day there was next to no coverage from the networks. However, the vote and the attendant debate over the fate of the omnibus spending package generated a great deal of online and print coverage. Much of the coverage focuses on the debate over the inclusion of a provision requiring the President to make a decision on the Keystone XL pipeline project that a drew a White house veto warning.

 
 

Making Sense of Our Federal Budget

 

U.S. Chamber SBN

Check out the latest blog post: http://bit.ly/u4kq2B. It includes an infographic to help make sense of the federal spending process.

 
 

IP thefts steal U.S. jobs

 

U.S. Chamber SBN

The theft of intellectual property is more than theft of property. It's the theft of confidence in US brands.

Rogue websites, which attract 53 billion hits each year (nearly 9 visits for each person on the planet), exist for the purpose of stealing and profiting from American ingenuity, at the expense of the very consumers they seek to hurt. The Senate's Protect IP Act (S. 968), co-sponsored by Sen. Chuck Grassley, R-Ia., seeks to remedy this scourge of the online theft.

The Protect IP Act offers a tool to tackle foreign rogue sites that is both commercially reasonable and effective.

The result is an approach that combats foreign criminals online, helps give consumers a safer Internet experience, and thereby promotes free speech. As Secretary of State Hillary Clinton wrote, 'there is no contradiction between intellectual property rights protection and enforcement and ensuring freedom of expression on the Internet.'

 
 
 
 
 
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