More than one third of small-business owners believe the country is still in a recession, according to survey by American Express OPEN, the small business services section of the financial corporation.
The company's Small Business Monitor reported that 38 percent of small businesses are still feeling the economic effects of a weak economy, despite the National Bureau of Economic Research's claim that the recession ended in 2009. That figure is a slight decrease from the 44 percent reported in fall 2010.
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Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.