Ruth Simon

speaker
180 appearances 4 recordings 1 series first heard Jul 2017 last heard Dec 2020

Ruth Simon’s voice in public audio — every appearance, attributed to the second.

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What we've seen is there's discussion in Congress about providing more aid to small businesses and trying to target it to the hardest hit businesses.
But we don't have final legislation yet, so we're not sure what it's going to look like.
It's very, very hard.
Many small businesses have very, very limited cash reserves.
And the longer it takes for them to get aid, the greater their struggles are.
And I think they're working hard.
Small business owners are inherently, they try to be optimistic.
They can pivot faster or make adjustments faster than bigger companies.
But these are really, really challenging times.
It's a pleasure to speak with you.
Small businesses have become less optimistic about the economy as a whole.
Small business optimism has been going down for much of the past year.
For the first time, we saw in this January survey some concern about how small businesses feel about their own prospects, and they're becoming a little more cautious now.
I think there's a lot of economic uncertainty for small firms, both with the government shutdown, what's going to happen with tariffs.
The stock market has been volatile.
There's been a question about how much interest rates will increase.
So they are operating in an uncertain world.
And some of the businesses I talk to, they just say when they look at their own book of orders, they see some uncertainty as well.
Yes, he sort of finds himself on the fence, I'd say.
Half of him is optimistic and half of him is nervous.
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