A survey of 950 small business owners revealed that 20% described their businesses as "sinking" ... half as "stable" and 28% as "growing." Sixty percent of the "growing" companies indicated they are using temps to handle the new business, rather than (having the confidence to) hire new staff.
Surveys show Main Street is left out of recovery - Apr. 15, 2010
Meanwhile General Electric, a mammoth diverse company, just reported a 5% drop in revenue and a 31% drop profits.
GE eyes profit growth for 2010, sees lower earnings - Apr. 16, 2010
Continued high unemployment, continued high foreclosures, continued difficulty for small businesses, continued difficulty for large companies like GE, plus growing state and federal deficits. Help me out here, exactly where is the Economic Recovery happening?