Small business owners are the most optimistic about their finances and hiring prospects than they've been since July 2008, according to a Wells Fargo-Gallup survey released Tuesday.
The results was compiled from telephone interviews with 600 small business owners between Jan. 9 and Jan. 13, and covers their expectations for the coming 12 months.
Among the survey's findings:
- 49 percent of owners expect revenues to increase, up from 37 percent in October.
- 22 percent expect the number of jobs at their business to increase, up from 15 percent.
- The overall Small Business Index score increased to 15, from -3 in October.
The index based on the owner's opinion of the business's present condition remained negative, at -6, though that is up from -11 in October.