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PNC Economic Outlook Survey
of Business Owners

Semi-annual surveys of businesses in the PNC region, as well as nationally, are commissioned by The PNC Financial Services Group, Inc. (NYSE: PNC) These surveys1 include the results from nearly 1,000 business owners and senior decision-makers of small to mid-sized business owners.

The outlook survey, done every six months since 2003, is intended to gauge the mood and sentiment among business owners about their own expectations, economic factors and other issues that impact the way they will run their business in the coming months. View our most recent as well as previous survey results.


PNC Economic Outlook Survey1

April 2014

Small Business Owners Warm to More Hiring

Following a severe winter that froze economic growth, U.S. small business owners now forecast sunnier days ahead for the next six months, according to the new PNC Economic Outlook survey findings.

View Survey Results and Analysis  more

PNC's semi-annual Economic Outlook Surveys help uncover economic trends as well as the outlook on sales and profits and hiring among business owners. Results also include business owners' views on their local economy, capital spending, prices and other business factors.
 

 

Previous PNC Economic Outlook Surveys1:

October 2013

Cautious Small Business Owners Further Postpone Hiring

Uncertain about their sales and the U.S. economy, nearly three out of four small and mid-sized business owners do not intend to hire new employees or seek new loans, according to the new PNC Economic Outlook survey findings.
View Survey Results and Analysis  more

April 2013

Wary Small Business Owners to Delay Hiring

U.S. small and mid-sized business owners plan to delay hiring new employees or seek new loans amid cautious optimism about the economy, according to the latest findings of the PNC Economic Outlook survey.
View Survey Results and Analysis  more

November 2012

Business Owners' Outlook Weakens for Sales and Hiring as November Elections Loom

A soft outlook on sales has only one in four small business owners planning to hire in the next six months as business optimism retreats ahead of next month's presidential election, according to the latest findings of the PNC Economic Outlook.
View Survey Results and Analysis  more

April 2012

Optimistic Business Owners Plan Hiring Amid Stronger Outlook for Sales

An upbeat outlook on sales will prompt nearly one in three U.S. small business owners to add employees over the next six months as their optimism returns to positive levels unseen since before the 'Great Recession' of 2008-2009, according to the PNC Economic Outlook survey's newest findings.
View Survey Results and Analysis  more

October 2011

Business Owners Outlook Deteriorates On Hiring and Sales

With weak sales as a major challenge, four out of five U.S. small business owners have no plans to hire over the next six months and they see little value in proposed incentives to create jobs, according to the PNC Economic Outlook survey's newest findings.
View Survey Results and Analysis  more

April 2011

Small Business Owners Outlook Brightens On Sales and Hiring, But Higher Costs Force Price Hikes

One out of two small business owners nationwide expect increased sales in the next six months, but rising costs will prompt many to raise prices in an attempt to preserve profit margins, according to the latest findings of the PNC Economic Outlook. The Spring 2011 findings of the biannual survey provide insights on the current mood and sentiment of U.S. small business owners.
View Survey Results and Analysis  more

1 These reports have been prepared for general information purposes only and are not intended as specific advice or recommendations. Information has been gathered from third party sources and has not been independently verified or accepted by The PNC Financial Services Group, Inc. PNC makes no representations or warranties as to the accuracy or completeness of the information, assumptions, analyses or conclusions presented in the reports. PNC cannot be held responsible for any errors or misrepresentations contained in the report or in the information gathered from third party sources. Any reliance upon the information provided in the report is solely and exclusively at your own risk.