Rising Health Insurance Costs and Talent Acquisition Are Top Concerns of Business Owners According to Latest Michigan Future Business Index
Overall, business owners showed slower sales and profit results over the past six months, while wages and capital investment strengthened.
More than eight-in-ten (81 percent) of respondents remain satisfied with the overall economy and 77 percent believe
Regarding the future, the survey points to less optimism for continued increases in sales and profits, as well as continued concern for talent acquisition, wage increases, health care cost increases and government tariffs. Businesses would like more help from state government by simplifying tax codes and regulations, improving roads and finding talent.
"Clearly, small business owners are concerned about the future," said
"We are beginning to witness the increasing concerns of business owners in
Review a detailed summary of the Summer 2019 Michigan Future Business Index at MichiganBusinessNetwork.com.
About the Survey
The semi-annual Michigan Future Business Index has been commissioned by
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Contact:
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AFGroup.com
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