Most Small Business Owners Confident, but 43% Are Worried About a Recession

Consider small business owners the front line of the American economy. They work directly with consumers and have a strong sense of their budgets, as well as how they feel about the economy.Those insights have led nearly two-thirds (64%) of small business owners (SBOs) in the United States to report that "current business conditions are good or excellent," while 43% say they are concerned that a recession will impact the success of their business in the next year, according to Capital One's latest Small Business Growth Index. The two questions were asked separately to 500 SBOs, and there are some who believe that conditions are good or excellent now but also feel that a recession may be coming.