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April 30, 2015

Survey finds only 21% of business owners say they have recovered from recession

  • The Bank of America findings are a reminder that the economic recovery is not only slow-paced but also fragmented.
    • By JOYCE M. ROSENBERG
    AP Business Writer

    NEW YORK — The recession isn't a dim memory for many small businesses.

    Nearly two-thirds of owners in a Bank of America survey said their companies are still recovering from the downturn that officially ended nearly six years ago. Only 21 percent of the owners surveyed last month said their businesses have fully recovered.


     
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