Small business owners, particularly members of the millennial generation, are more confident in the future of the local and national economies, according to the fall 2014 Small Business Owner Report, released today by Bank of America. According to the report, based on a semi-annual survey of 1,000 small business owners across the country, half (50 percent) of respondents believe their local economy will improve over the next 12 months, up from 45 percent a year ago, and 45 percent believe the national economy will improve over the same period, up from 41 percent a year ago. This iteration of the report examines specific concerns, aspirations and perspectives of three different generations of small business owners: millennials (ages 18-34), Generation-X (ages 35-49) and baby boomers (ages 50-68).
Bank of America Small Business Owner Report Finds 82 Percent of Millennial Small Business Owners Are Optimistic About Their Local Economy | Bank of America Newsroom
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