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08/17/2010

Profits Of Small Businesses Down $2 Trillion Since Recession Hit

Market research firm Barlow Research reports that a July 2010 survey reveals that 14% of small businesses have less than 50% confidence that they�ll be in business by August 2011.

The report says small businesses have lost an estimated $2 trillion in profits since the recession began in December 2007. That�s an average loss of $253,000 for each of the 8 million U.S. businesses with sales between $100,000 and $10 million. (The report also pointed out that job creation in the near term is not expected from this sector.)



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