Jeffrey Mosher catches up with Kurt Rankin, Economist, and Vice President with PNC Financial Services, Pittsburgh, PA.
They discuss the results of PNC’s MI Fall Economic Outlook Survey of Small- & Mid-Size Business Owners. Here are a few of the key findings:
Three-quarters of business owners plan to encourage or require employees to vaccinate
One-in-four small businesses don’t believe they can stay afloat for another year under current economic conditions
Nearly all businesses made adaptations during the pandemic; most expect them to become permanent
While most layoffs not permanent, hiring expectations at lowest level in survey’s history
