Small businesses won’t begin hiring and spending again until consumers regain confidence in the economy, according to William Dunkelberg , chief economist at the National Federation of Independent Business.
William Dunkelberg, chief economist for the National Federation of Independent Business, says policy uncertainty has small business owners refusing to commit to business investment. Dunkelberg talks with Bloomberg's Tom Keene and Scarlet Fu on Bloomberg Radio's "Bloomberg Surveillance."
William Dunkelberg, chief economist at the National Federation of Independent Business, says small businesses in the U.S. are "not doing well at all." Dunkelberg talks with Bloomberg's Ken Prewitt and Tom Keene on Bloomberg Radio's "Bloomberg Surveillance."
Confidence among U.S. small businesses rose in November to the highest level since the recession began three years ago as more companies projected the economy and sales will improve, a private survey found.
President Barack Obama’s proposal to increase the U.S. minimum wage by 24 percent faces long odds in Congress, where Republicans took aim at it minutes after the State of the Union address. That might not matter: beyond Capitol Hill, some states took action long ago.