MOBILE, Alabama – A new survey by Wells Fargo on small business optimism across the United States indicates that less than half of owners expect revenue gains over the next 12 months, and only six in 10 expect to be in a “good financial position” by mid-2013.
But while participating Mobile businesses somewhat reflect the national viewpoint, the area is uniquely balanced with optimism stemming from Airbus’s recent announcement to build a $600 million final assembly plant at Brookley Aeroplex, said Chuck Harmon, Wells Fargo’s Mobile market president.
“With Airbus coming in, there is definitely some optimism,” he said. “It’s going to fuel quite a bit of expansion and there’s already a lot of dialogue going on with the potential suppliers that could come to this area.”
The quarterly survey indicated that business owners expecting increased revenues declined by six percentage points to 43 percent from the quarter before. Those expecting to be in good fiscal shape within a year fell to 59 percent,
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