An increased confidence during the first quarter of 2008 replaced last quarter’s concerns about the economy when a significant drop in plans for hiring led to a steep decline in the confidence of distribution and wholesale companies during the fourth quarter of 2007, according to the latest Small Business Research Board (SBRB) report issued today.
The Distribution &Wholesale Industry Small Business Confidence Index increased to 40 during the first quarter of 2008, or by nine points (29%), from the 31 recorded during the prior quarter.
The first quarter 2008 report is the third wholesale and distribution industry confidence index issued. Inclines in two of the three major categories comprising the confidence index contributed to the higher first quarter results. …
Distribution & Wholesale Industry Confidence Index Rises in 1Q
An increased confidence during the first quarter of 2008 replaced last quarter’s concerns about the economy when a significant drop in plans for hiring led to a steep decline in the confidence of distribution and wholesale companies during the fourth quarter of 2007, according to the latest Small Business Research Board (SBRB) report issued today.
The Distribution &Wholesale Industry Small Business Confidence Index increased to 40 during the first quarter of 2008, or by nine points (29%), from the 31 recorded during the prior quarter.
The first quarter 2008 report is the third wholesale and distribution industry confidence index issued. Inclines in two of the three major categories comprising the confidence index contributed to the higher first quarter results. …
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