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A crashing drop of 3% in durable goods order will reflect the business sentiment – the small businesses are giving up hopes
Peter Oberois
Feb. 25, 2007

The economy’s biggest chunk is the small businesses. The entrepreneurial spirit is dampened because of high tax and spends culture in Washington. The durable goods order will show a drop of a whopping -3.0% from a rise of 2.9% in last data will reflect the business sentiment.

The tax cut did not help the small businesses. The corporate tax, the deficit, the stagflation, the short-term rate hike – all worked against innovative small businesses. Trading outfits are also filling the pinch now. The small business spirit is down as deflation takes over the driver’s seat from stagflation.



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