Ignite San Diego

Ignite San Diego

Local business spotlight

Economic Future Looks Promising for San Diego Business Owners: Survey

Sixty-four percent of local business owners surveyed believe there will be improvement in their industries

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    NEWSLETTERS

    flickr/401(K) 2013

    For most business owners in San Diego, the economic glass is half full according to a new survey released by the San Diego Regional Chamber of Commerce.

    Last quarter only 58-percent of businesses surveyed thought they would see an improvement in their industries.

    That number jumped to 64-percent according to the March survey.

    Alan Lane, president and CEO of Silvergate Bank which sponsors the San Diego County Business Forecast, said the results are promising.

    “With the exception of business consulting and staffing firms, nearly all other business sectors show steady confidence or an increase in optimism for the next quarter,” Lane said in a news release.

    As for issues concerning local business owners, an increase in the minimum wage and government taxes are paramount.

    Information for the report was gathered by researchers February 13-25 with help from 213 randomly-selected members, according to the chamber’s release.