A survey of 500 Louisiana businesses found that nearly half say economic conditions in the state are holding steady. The report by Capital One found that 35% of small businesses and 39% of large employers said economic conditions were improving in the third quarter. That’s up from the 18% of small businesses and 16% of large businesses that said that economic conditions were improving in the first quarter. Thirty percent of large businesses say they plan to increase spending on business development or investments, and 40% plan on hiring more workers within the next six months. Thirty percent of small businesses plan to hire more staff and 21% plan to make investments in the next six months. The survey also found that access to credit isn’t an issue for most companies: more than 83% of large and small businesses say they were able to get financing.
Survey: Businesses say La. economy steady
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