Survey Shows More Businesses Are Hiring | Guru Focus
National Survey Shows More U.S. Businesses Are Reporting Profits and Increased Hiring
October 18, 2017 | 1 min read
GuruFocus.com reports on the latest Private Capital Access (PCA) Index research, conducted by the Pepperdine Graziadio Business School with support from Dun & Bradstreet. The survey findings are interpreted positively in the article, which extrapolates an optimistic outlook for growth among businesses.
The Q3-2017 PCA Index survey revealed 63 percent of all businesses said they were profitable, up from 56 percent in Q3 2016. Demand for financing was revealed to be down among all size businesses. Dr. Craig R. Everett, Pepperdine Graziadio Assistant Professor of Finance and Director of the Pepperdine Private Capital Markets Project, sums up these findings as follows: "Slowing revenue growth is the cause for uncertainty, but other business fundamentals are strong."