Tuesday, May 26, 2015

New Survey Shows New York Small Business Economic Sentiment in Unprecedented Geographic Detail

SAN FRANCISCO, CA --"Thumbtack.com will be releasing [this week] the Thumbtack Small Business Sentiment Survey, a first-of-its-kind survey that captures the economic sentiment of more than 10,000 small businesses nationwide on a monthly basis, including 768 responses over two years in New York. Starting this week, and released on a monthly basis going forward, the survey and accompanying visualization allow anyone to explore American small business economic sentiment at the national and local level. Designed with Bloomberg, all data will be housed and integrated seamlessly into the economic functions of the Bloomberg Professional service.

"The full results for New York can be seen here and include how businesses in each area responded to survey questions, and hundreds of quotes from small businesses nationwide. Each state and city also has its own dedicated webpage showing detailed survey results for that area.

"This new survey provides a first-of-its-kind, monthly look at the economic sentiment of tens of thousands of small business owners across the country, including 5,404 responses collected over two years in New York. The first publicly released data for this survey show that New York's small businesses reported a 4.5 point jump (out of 100) in their feelings about the economy over the past 12 months."

You can read the methodology paper here.

For more information about the survey or the methodology, please email Thumbtack’s Chief Economist Jon Lieber at jon.lieber@thumbtack.com.



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