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  • ICYMI: Q2 U.S. Chamber Small Business Index is Another Measure of Confidence
    Posted in In Case You Missed It on June 17, 2019 | Preview rr

    WASHINGTON - Last week, the MetLife & U.S. Chamber of Commerce Small Business Index Q2 report showed strong optimism among small business owners across the nation. According to the Q2 report: 59% of small businesses viewed the U.S. economy as "in good health," up six points from last quarter. 27% of small business owners plan to increase investment in their company over the next year. 69% of manufacturers feel positive about the national economy, up 16 points from last quarter. "This quarter's r... Read more

  • ICYMI: Small Business Optimism Index Shows Continued Trust in Economy
    Posted in In Case You Missed It on June 11, 2019 | Preview rr

    Washington – Today, the National Federation of Independent Business (NFIB) released its May 2019 Small Business Optimism Index, which reports continued business optimism, and recorded increased expectations for sales, business conditions, and expansion. According to the May 2019 NFIB survey: 64 percent of owners reported capital outlays, the highest since February 2018. 62 percent of owners reported hiring or trying to hire. 24 percent of owners are expecting to increase compensation. 30 percent... Read more

  • ICYMI: House Passes Four Small Business Bills
    Posted in In Case You Missed It on January 18, 2019 | Preview rr
    Tags: Access to Capital, Contracting

    Washington – House Small Business Committee Ranking Member Steve Chabot (R-OH) released the following statement on the House passing four bipartisan Committee bills earlier this week: “The legislation passed this week includes provisions to increase federal contracting opportunities, encourage innovation, and expand access to capital for small businesses. These initiatives will provide small business owners with the resources they need to support and grow their businesses, which in turn supports... Read more

  • Chairman Chabot on FoxNews.com: Small Business Saturday Helps American Entrepreneurs
    Posted in In Case You Missed It on November 26, 2018 | Preview rr

    WASHINGTON – Last week, House Committee on Small Business Chairman Steve Chabot (R-OH) penned an op-ed in Fox News on the value of Small Business Saturday to communities and entrepreneurs. Read the full op-ed below. Serving as Chairman of the House Committee on Small Business over the past four years, I’ve had the honor of advocating and fighting for Main Street. This year on Small Business Saturday, November 24, 2018, I hope Americans will celebrate the 30 million small businesses and the milli... Read more

  • ICYMI: Small Business Optimism Continues Record-Breaking Streak
    Posted in In Case You Missed It on October 23, 2018 | Preview rr
    Tags: Workplace Issues

    WASHINGTON - This week, the National Federation of Independent Business (NFIB) released its September 2018 Small Business Optimism Index, which reports continued business optimism, and recorded the third highest level in the survey’s history. The September 2018 NFIB survey revealed: 37 percent of owners reported compensation increases, which set a new record. 61 percent of owners reported hiring or trying to hire. 29 percent of owners are expecting higher real sales volumes. Actual capital spend... Read more

  • ICYMI: Chairman Chabot Praises Passage of Small Business Intellectual Property Bills
    Posted in In Case You Missed It on October 12, 2018 | Preview rr
    Tags: Workplace Issues, Technology

    WASHINGTON – This week, President Trump signed S. 791, the Small Business Innovation Protection Act of 2017, into law. This bipartisan, bicameral legislation is the Senate companion bill to H.R. 2655, which passed the House in July and was led by Rep. Dwight Evans (D-PA) and Rep. Brian Fitzpatrick (R-PA). The Small Business Innovation Protection Act will expand intellectual property education and training for small businesses by establishing a partnership between the United States Small Business... Read more

  • ICYMI: Chairman Chabot Op-ed on How Opioids are Affecting Small Businesses
    Posted in In Case You Missed It on October 9, 2018 | Preview rr
    Tags: Workplace Issues

    WASHINGTON – This week, House Committee on Small Business Chairman Steve Chabot (R-OH) wrote an op-ed for the Cincinnati Enquirer on how the opioid crisis is affecting small businesses and how the Committee is addressing this important issue. “... According to a survey by the National Federation of Independent Business (NFIB), small business optimism is at a 45-year high. But they have also expressed concern over a new problem: a lack of qualified workers. “While this may be due to a number of d... Read more

  • ICYMI – Access to Capital Improves for Small Businesses
    Posted in In Case You Missed It on September 20, 2018 | Preview rr
    Tags: Access to Capital

    WASHINGTON – According to a recent report from the Pepperdine Graziadio Business School and Dun & Bradstreet Q3 2018 Private Capital Access Index, small businesses are finding it easier to acquire capital. More specifically, 53 percent of the small businesses surveyed said they were successful in securing a loan in the past three months. “Access to capital is critical for small businesses to start and grow their companies. This new report is yet more proof that the economic climate, due to fewer... Read more

  • Cleveland.com: Opioid Epidemic Reduces Small Business Labor Force
    Posted in In Case You Missed It on September 17, 2018 | Preview rr
    Tags: Workplace Issues

    WASHINGTON – Last week, the House Committee on Small Business held a full committee hearing on how the opioid crisis is affecting small business, specifically the decline in the labor force participation rate. The discussion included Katie Van Dyke, Director of Cleveland State University’s Ohio Small Business Development Center, as outlined by Cleveland.com below: “The opioid crisis poses major challenges to small businesses in Ohio as employers in rural and urban areas alike have trouble findin... Read more

  • ICYMI: More Women Entrepreneurs Optimistic About Their Business
    Posted in In Case You Missed It on September 12, 2018 | Preview rr
    Tags: Access to Capital

    WASHINGTON – According to a new study by Bank of America, women entrepreneurs are optimistic about their future. More specifically, 58 percent of women surveyed believe their revenues will increase next year, up from 44 percent last year. Meanwhile, more than half of women business owners plan to grow their company in the next five years, while 21 percent plan on hiring more workers. “Every week it seems there is a new survey showing that small business owners are optimistic about their company,... Read more