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Company Financial Optimism Reduced Significantly

Business Confidence

May 17, 2020

In looking at business optimism, we see that both small business and middle-market expect their company’s overall financial condition to deteriorate during the next 12 months. This the lowest level of optimistic expectations since 2009.

This Live Oak Business Pulse report contains data from surveys conducted April 1-19, 2020 with 498 small businesses (Revenues $100k-<$10MM) and 372 middle-market companies (Revs $10MM-<$500MM) responding.

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