Connecticut businesses think the next six months are going to be better than the past six months, according to a biannual economic survey by Entrepreneurs’ Organization.
Though Connecticut entrepreneurs’ experiences in the past six months were about on par with those of all 5,500 business owners surveyed, their expectations were above average.
More than 50 percent of Connecticut respondents said they added jobs in the past six months, but more than 75 percent predict they will add jobs over the coming months. Less than 10 percent predict they will cut jobs.
And while 80 percent in the state reported increased profits in the last six months, approximately 90 percent expect to grow profits in the coming period.
EO surveyed business owners around the world. The average respondent had $59.7 million in annual revenue and 232 employees.
