Small business owners are feeling better about the direction of the economy.
That's the conclusion drawn from a survey conducted by Bank of America of 1,001 small business owners with annual revenue between $100,000 and $5 million.
Two years ago, a similar survey showed that only 45 percent of small business owners believed their local economy would improve in the next year. A year ago, 50 percent predicted area growth. But this year, a solid majority — 62 percent — were optimistic about the local economic outlook.
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