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Texas Small Business Economy Humming

Good news for the Texas public relations market. According the inaugural Texas Small-Business ConditionsSM report from the National Federation of Independent Business (NFIB)/Texas, the outlook for Texas’ small-business economy is positive. Two out of three small employers in the state’s four primary regions see economic growth ahead for the next quarter.

Public relations spending typically tracks closely with business sentiments and grows as expectations brighten. However, the report also found that small-business owners say the overall business climate could be better. The number one reason that small-business owners say they are pessimistic? Unfriendly government policies.  

Texas Small-Business ConditionsSM 

This chart shows the results within Texas and its principal regions. 

 

 

 

Texas

North-
east

South-
east

South

West

Business Climate

Survey Date

 

 

 

 

 

Overall state business environment

 

 

 

 

 

 

Net % supportive of small business 

2/2005 

33

33

29

40

38

Business conditions in market area

 

 

 

 

 

Net % "good"

2/2005

44

42

45

45

49

Net % "improving"

2/2005

27

29

24

31

21

Outlook for business

 

 

 

 

 

 

 

 

 

 

 

 

Net % "good" in next three months

2/2005

67

67

67

67

67

Reason for optimism

 

 

 

 

 

 

 

 

 

 

 

% Sales prospects

2/2005 

41

39

44

40

40

% Lower costs

2/2005

3

2

2 

5

4

% Price increases

2/2005

4  

3

4

4

7

% Greater productivity

2/2005

16

15

18

15

16

% Government policy

2/2005

6

6

6

4

 

The Poll
NFIB’s Texas Small-Business ConditionsSM is a telephone survey of a random sample of Texas’ small employers regarding business condition within the state. “Small employer” is defined here as someone employing between one and 250 people (not including the owner(s)) in a for-profit business. Four separate regional surveys are conducted, each with a minimum of 350 respondents.

Nancy St. Pierre
(214) 614-3008
Author: Nancy St. Pierre
Phone: (214) 614-3008
Email:
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