Survey Shows Small Business Owners Unhappy With How Candidates Have Addressed Their Concerns
As November’s election draws near, small business owners are paying closer attention to how presidential candidates Donald Trump and Hillary Clinton address their concerns. And, according to an announcement about the latest Economic Outlook Survey from the PNC Financial Services Group, many small business owners aren’t satisfied with what they’ve heard. The survey of 505 small- and mid-sized US business owners conducted from July to September shows that 65% are unsatisfied with how either major party candidate has addressed “the issues most important to them as business owners,” up from 53% dissatisfaction in the spring. US News and World Report noted that Trump “has vowed to dismantle Obamacare, throw out certain private-sector regulations and reduce American companies’ overseas competition,” all policies that could appeal to many business owners large and small. However, in a statement about its survey, PNC said, “When asked about the presidential election, business owners are dissatisfied.” PNC added “that many feel the candidates are not ‘addressing the issues most important to them as business owners.’”
What This Means For Small Businesses
The NFIB’s latest quadrennial Small Business Problems and Priorities report recently highlighted the key concerns of small business owners heading into November’s presidential election. As this infographic shows, the top three concerns are soaring healthcare costs under Obamacare, the burdensome regulatory environment, and continued weak US economic growth. Although Donald Trump and Hillary Clinton have touched on these points, the new PNC survey indicates that many small business owners would like to see more details on candidates’ policies in the next several weeks leading up to Election Day.
Additional Reading
The Hill reported on the NFIB’s Small Business Problems and Priorities survey.
Note: this article is intended to keep small business owners up on the latest news. It does not necessarily represent the policy stances of NFIB.
