Survey says? —Texas the place for business confidence…
(CUSA) – Freedom from regulation and government intervention begets prosperity. The role of the government, therefore, is to stay out of the way of the citizenry for the common good.
The federal government acts like its role is to be involved and to control every aspect of the daily lives of Americans. In Texas, it is quite the opposite and the result of this poll is more evidence that more freedom in business —not regulation— is what Americans want and that this is also good for a society organized under God. —Ed.
MIKE W. THOMAS—
Small business owners across Texas are feeling more positive about their financial situation as sales performance improves, according to the latest Market Pulse survey by Capital One.
The biannual survey gauges the financial performance of small business owners and asks what drives them, what worries them and what their priorities are for the year ahead.
Optimism among business owners in Texas far outpaces the rest of the country with 81 percent reporting a favorable outlook, 19 points ahead of the national average, notes Jorge Calderon, San Antonio area president for Capital One, which recently opened its new Innovation Center at its Plano campus.
“This optimism is likely tied to positive sales growth, as nearly half of small business executives reported that business sales have increased in this quarter’s survey,” Calderon said. “With year-end approaching, the Capital One team is working to understand how we can optimize our products and offerings to better serve small business owners across the country, and sustain positive trends, particularly in states like Texas.”
The interviews for the survey were conducted from Oct. 7-24, 2014. The margin of error is ± 5.7 percentage points at the 95 percent confidence level.
This article originally appeared in the San Antonio Business Journal