X

News

14Jul

Federal Reserve: Annual Small Business Credit Survey Report

News | 0 Comments | | Return

Federal Reserve

Timely information on small business financing needs, decisions and outcomes is critical to understanding and fostering the sector’s health and growth.

To provide these insights to policymakers, researchers and service providers, the Small Business Credit Survey is a national collaboration among the 12 Reserve Banks of the Federal Reserve System. In 2016, it yielded 10,303 responses from small businesses with employees, or employer firms, located in 50 states and the District of Columbia.

Results from the 2016 survey showed that while many employer small businesses were profitable and optimistic in 2016, a significant majority faced financial challenges, experienced funding gaps and relied on personal finances.

 

Visit the Federal Reserve for key findings from the report and to view the full report.

About the Author

Related

March Economic Development Updates

March Economic Development Updates

Input needed for skills gap analysis, SFSC awarded $2.3 million for workforce training, Gov. outline...

Read More >
FDOT Adopts 5-Year Transportation Plan

FDOT Adopts 5-Year Transportation Plan

FDOT has officially transmitted the adopted five-year work program for 2018-2022. View the plan here...

Read More >
June Economic Development Udpates

June Economic Development Udpates

July training opportunities, Highlands County picked for Duke Energy Site Readiness Program, workfor...

Read More >
October Economic Development Updates

October Economic Development Updates

Free and low cost seminars, trainings and summits, Bernie Little Distributors retention and expansio...

Read More >

August Economic Development Updates

Bonds approved for Harder Hall restoration, new businesses locate at Sebring Regional Airport, upcom...

Read More >


OUR MISSION

Enhance the quality of life in Highlands County by attracting a diversity of new businesses; increasing industrial investment while facilitating the retention and successful expansion of existing business and industry.

Keep In Touch

Economic Development
Highlands County Board of County Commissioners
(E)
economicdevelopment@highlandsfl.gov
(P) 863.402.6906
(F) 863.402.6651