Professor Cornwall Predicts Positive Outlook for 2006
Professor Cornwall, who heads the Center for Entrepreneurship at Belmont University, offers his 2006 predictions. He predicts a positive employment situation in the United States, with unemployment below 5% (considered an historically low mark and a very good number) . He goes on to predict that most new job growth will come from small businesses:
“New job creation will exceed 100,000 jobs per month, which is the number we need to keep up with growth in the work force. Most of this will come from businesses under 500 employees.”
The Professor is obviously bullish on the economic outlook for the near term, and optimistic about small business.
Dubbed the Bill Cosby of Entrepreneurship
Lead Blogger for ReachLocal
I see that small businesses is now a growing trend in the economy. Do you know any discussions on small biz outlook in 2006?
Hi joross,
Check out this interview by the chief economist with the National Federation of Independent Businesses (NFIB). I published a brief extra of his outlook, which is reasonably positive, over here:
http://blog.facteon.com/archives/smb/2006/01/favorable_econo.html
Best,
Anita