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Regionally Speaking: Speaking: PNC Survey Shows Business Owner Optimism Continues to Soar Amid Improving Economic Conditions

PNC Financial Services Group

PNC's latest semi-annual survey of small and mid-sized businesses, which concluded Feb. 1, 2024 shows that business owner optimism about economic conditions over the next six months has reached a 22-year high amid lessening fears of a recession.

Highlights from the survey show that 55% of small and mid-sized business owners surveyed are optimistic about the national economy. 79% are highly optimistic about the prospects of their own business. Inflation pressures are easing with fewer than half expecting to raise prices in the next six months. Regionally Speaking host Dee Dotson speaks to Ershang Liang, an economist with the PNC Financial Services Group, Inc.

For more information visit https://www.pnc.com/en/about-pnc/media/economic-reports.html?lnksrc=relres

As co-host and producer of Regionally Speaking, Dee is responsible for connecting with northwest Indiana community newsmakers to share their stories with the Lakeshore Public Radio listening audience. She believes in the power of storytelling to engag, teach and change lives. Prior to working at Lakeshore Public Radio, Dee enjoyed giving her time, talent, and resources to various community organizations. Dee believes in servant leadership. Her favorite quote is "Leadership is service not position." by Tim Fargo.