The Financial Post published a very interesting article about the positive out look that the small business community has about the economy and market prospects, and it’s interesting. In fact, the community’s optimism is at the highest point in more than two years — and just shy of levels consistent with steady economic growth, according to the most recent survey.
The Canadian Federation of Independent Business says its Business Barometer index rose for a second month, to a reading of 67.1 in May, a gain of 1.4 points from April’s reading. This month’s positive response is the strongest since March 2012 when the index was at 67.7. Anything above 50 implies that small business owners who expect stronger economic performance in the coming year outnumber those anticipating weaker growth.