In South Carolina, approximately 31 percent of respondents felt their company's financial situation will be substantially better three months from now, while approximately 54 percent said it would be a little better.
Almost 26 percent expected their company's profitability to increase more than 10 percent over the next three months, while approximately 43 percent expected to see an increase of 1 to 10 percent.
"We are delighted to see that this positive sentiment amongst small businesses is being felt not only here in the Myrtle Beach area, but across the entire state of South Carolina," said Brad Dean, president and CEO of the Myrtle Beach Area Chamber of Commerce (MBACC). "Small businesses represent 80 percent of all of our chamber members, and they are without a doubt the driving force of our local economy. It is important that we continue to promote, protect and improve the small business climate not only along the Grand Strand, but across the entire state, so that our economic backbone remains strong."
"The economic recovery continues for the Myrtle Beach area, the state of South Carolina and the nation as a whole, and it is reflected in the results of this study," said Yvette Jefferson, chairman of the MBACC's Small Business Council. "We are encouraged to see small businesses in our community and our state have such a positive outlook for the future, and we pledge to continue to help them achieve their goals."
The Small Business Sentiment Survey asked thousands of independent business professionals across the U.S. to report their feelings about their business health, general economic conditions and outlook for the future.
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