The economic confidence of business owners isn't necessarily growing - but it isn't really slipping, either. That's the upshot of the latest survey from the National Association of Business Economics, which found that 39 percent of business expect to hire more workers in the next six months. For the first quarter of this year, that figure was just a tick higher, at 40 percent, which was the high mark for the past two years.
Looking backward, there's even better news. The survey found that nearly a third of companies added jobs in the just-ended second quarter, which was the best percentage in almost two years.
They're also more optimistic about overall economic growth. Last quarter, only two thirds of the economists forecast 2.1 percent GDP growth for the ensuing 12 months. In the more recent survey, nearly 75 percent expected growth to be that strong.
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