---
title: "Survey: Down economy not affecting small business owners' optimism"
description: A recent survey from TD Bank revealed optimism among small company owners despite the majority of American small businesses expressing pessimism about the overall economy.
---

[Skip to content](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/survey-down-economy-not-affecting-small-business-owners-optimism#main-content)

[![IES Logo_Full-ColorNavy](https://blog.innovativeemployeesolutions.com/hs-fs/hubfs/IES%20Logo_Full-ColorNavy.png?width=300&height=140&name=IES%20Logo_Full-ColorNavy.png)](https://www.innovativeemployeesolutions.com/)

- [Innovative Employee Solutions Blog](https://blog.innovativeemployeesolutions.com)

- [Innovative Employee Solutions Blog](https://blog.innovativeemployeesolutions.com)

<https://twitter.com/intent/tweet?original_referer=https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/survey-down-economy-not-affecting-small-business-owners-optimism&url=https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/survey-down-economy-not-affecting-small-business-owners-optimism&source=tweetbutton> <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/survey-down-economy-not-affecting-small-business-owners-optimism> <http://www.facebook.com/share.php?u=https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/survey-down-economy-not-affecting-small-business-owners-optimism> [mailto:?subject=Check%20out%20https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/survey-down-economy-not-affecting-small-business-owners-optimism](mailto:?subject=Check%20out%20https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/survey-down-economy-not-affecting-small-business-owners-optimism)

November 15, 2011

# Survey: Down economy not affecting small business owners' optimism

Written by: [Innovative Employee Solutions](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/author/innovativeemployeesolutions)

A recent survey from TD Bank revealed optimism among small company owners despite the majority of American small businesses expressing pessimism about the overall economy.

The bank polled 300 small business owners and found 69 percent expect to keep staffing levels the same over the next quarter, while 16 percent planned to add at least one full-time or temporary worker position.

"American small business owners are a resilient group," said Fred Graziano, head of regional commercial banking, government banking and small business. "Despite the economic obstacles they continue to face, these findings indicate that small business owners and employees continue to do what they can not just to make ends meet, but to exceed their business goals."

Graziano's sentiments were echoed by the two-thirds of respondents who expected to meet or exceed revenue projections for the upcoming quarter - a 9 percent increase over results from the most recent fiscal quarter.

Furthermore, the National Federation of Independent Business recently released its October Optimism Index, revealing a 1.3-point rise to 90.2, Reuters reports. The NFIB directly attributes the increase to fewer small business owners expecting economic conditions to deteriorate in the coming months.  

Tag(s): [Blog](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/blog)

## [Innovative Employee Solutions](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/author/innovativeemployeesolutions)

## Other posts you might be interested in

View All Posts

## [Recruiters and Staffing 1 min read | June 23, 2014 Small-business owners show optimism Read More](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/recruiters-and-staffing/small-business-owners-show-optimism)

## [Blog 1 min read | February 21, 2013 More Ohio businesses outsource HR services Read More](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/more-ohio-businesses-outsource-hr-services)

## [Blog 1 min read | March 12, 2013 Small-business owners want a simplified tax code Read More](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/small-business-owners-want-a-simplified-tax-code)

## Subscribe to email updates

Additional content around the benefits of subscribing to this blog feed.

- [Innovative Employee Solutions Blog](https://blog.innovativeemployeesolutions.com)

 © 2014-2026 Innovative Employee Solutions. All rights reserved.

<https://www.linkedin.com/company/innovativeemployeesolutions/> <https://www.facebook.com/innovativeemployeesolutions> <https://twitter.com/innovativees> <https://www.instagram.com/innovativeemployeesolutions/> <https://www.youtube.com/user/InnovativeEmployees>

[CSR policy](https://www.innovativeemployeesolutions.com/corporate-social-responsibility-policy/) [Diversity & Inclusion](https://www.innovativeemployeesolutions.com/ies-diversity-inclusion-policy/) [Privacy policies](https://www.innovativeemployeesolutions.com/privacy-policies/)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Innovative Employee Solutions",
    "url" : "https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/author/innovativeemployeesolutions"
  },
  "dateModified" : "2024-04-24T19:06:18.689Z",
  "datePublished" : "2011-11-15T17:01:17.000Z",
  "headline" : "Survey: Down economy not affecting small business owners' optimism",
  "mainEntityOfPage" : {
    "@id" : "https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/survey-down-economy-not-affecting-small-business-owners-optimism",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "url" : "https://blog.innovativeemployeesolutions.com/hubfs/Signature-TaglineKarla.png"
    },
    "name" : "Innovative Employee Solutions"
  }
}
```