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“Small-business “owners are in maintenance mode; spending only where necessary and not hiring,” William Dunkelberg, the group’s chief economist, said in a statement. “Owners are unwilling to put their own capital on the line until the future path of the economy and economic policy becomes clear.” (Bloomberg)

These are trying times.

FEE Timely Classic
Small Business and Entrepreneurship by E. C. Paseur Jr.

Chuck Grimmett
Chuck Grimmett

Chuck Grimmett is a project manager at eResources. Previously, he was FEE's director of web media. Get in touch with him on Twitter: @cagrimmett.