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Friday, January 15, 2010 5:17:49 PM
CHART OF THE DAY: How The Comeback Didn't Live Up To Its Promises
Joe Weisenthal and Kamelia Angelova | Jan. 15, 2010, 2:39 PM
For mega multinational behemoths like Intel, the economy is really starting to get good again.
But for the little guy, not so much.
Today's chart comes from the National Federation of Independent Businesses and it shows the (dis-)connection between small business expectations and reality. As you can see, the two tracked pretty nicely on the way down.
But last year, small business optimism started to spike in the shape of a "V," perhaps buoyed by the ra-ra optimism of the media and the rebounding stock market. But the reality has been far worse, and the gap between reality and results is gigantic.
Joe Weisenthal and Kamelia Angelova | Jan. 15, 2010, 2:39 PM
For mega multinational behemoths like Intel, the economy is really starting to get good again.
But for the little guy, not so much.
Today's chart comes from the National Federation of Independent Businesses and it shows the (dis-)connection between small business expectations and reality. As you can see, the two tracked pretty nicely on the way down.
But last year, small business optimism started to spike in the shape of a "V," perhaps buoyed by the ra-ra optimism of the media and the rebounding stock market. But the reality has been far worse, and the gap between reality and results is gigantic.
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