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Stock impact report

Truist survey shows small business owners focused on short-term challenges at the expense of long-term planning [Yahoo! Finance]

Truist Financial Corporation (TFC) 
Last truist financial corporation earnings: 4/20 05:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
CHARLOTTE, N.C. May 1, 2024 /PRNewswire/ -- Following another year of inflation and economic uncertainty, small business owners are focused on short-term challenges to stay afloat while putting long-term strategy and planning on hold, according to Truist's annual Small Business Pulse Survey . While reporting higher levels of stress than in previous years, they're optimistic about growth in 2024 and expect their business conditions to improve. "In recent years, our survey has shown the impact that economic uncertainty and high levels of stress can have on small business owners regionally and nationally, but it has also shown the resiliency of the small businesses that serve our communities each and every day," said Scott Stearsman , head of small business banking at Truist. "Running a small business is no small feat, which is why at Truist we're focused on caring for our small business owners so they can continue doing what they do best." Businesses have ambitious goals, struggle Show less Read more
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