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Scott Thurber

Q4 2020 WSJ/Vistage Survey: Hiring plans increase 12 points for small businesses




Highlights:

  • Hiring plans increase significantly over last month; 67% of small businesses report plans to increase their workforce in the year ahead compared to 55% in November.

  • Optimism about the U.S. economy on the rise with 56% of small businesses expecting the economy to improve in the next 12 months, a 7-point increase from last month.

  • Revenue impacts of the pandemic have diminished over time; in December just 19% of small businesses reported revenue declines of 25% or more.

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