U.S. Business Owners' Outlook Deteriorates For Hiring and Sales; Slow Growth Expected to Keep Jobless Rates High Through 2012

Summary:

With weak sales as a major challenge, U.S. small business owners have no plans to hire over the next six months and many plan to raise selling prices to preserve profit margins in the face of rising costs, according to the PNC Economic Outlook survey's newest findings. The fall 2011 findings of the biannual survey provide insights on the current mood and sentiment of U.S. small business owners.