It is great to hear that things are looking up…but for whom? Community banks and credit unions engaged in member business lending are most interested in small- to mid-sized business.
Government stimulus, greater exports and less-severe reductions in business inventories have
been credited with the growth, but data from Sageworks, which compiles
financial information on privately-held companies, paints a far bleaker
picture for small businesses.
U.S. Small Business Sales Growth/(Decline) through 4th Quarter 2009
What is happening…
- In your part of the country?
- In your target industries?
- With your clients?