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Stock impact report

With rate cut, Madison County business owners cautiously optimistic about their prospects [Yahoo! Finance]

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: Yahoo! Finance
"I'm really optimistic about things that are coming," said Dodson, who co-owns Redwood Automotive in Anderson with her husband, Jake. "(Interest) rates are dropping a little bit, which always feels good, and I feel like we're stable." Dodson's perspective isn't uncommon among small business owners across the country, many of whom expressed optimism about the overall state of the nation's economy in a recent survey conducted by PNC Bank. The institution's semi-annual survey of owners of small and mid-sized businesses found that 56% rated themselves highly optimistic about the national economy — a significant jump from 34% at the same time last year. An even greater portion — 76% — are highly optimistic about the prospects for their own businesses. Both those numbers, the bank's economists said, are among the highest figures in the survey's 23-year history. "This is a far cry from a stalled economy," said Stu Hoffman, senior economic advisor for PNC. The higher rates of optim Show less Read more
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