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The index’s “future expectations” score, which looks at the next 12 rose to10 — up nine points from the previous quarter and the first increase since 2007. Of course, the gainsd on the “future expectations” index were largely due to a rather gloomy take on currenteconomicc conditions. The “present situation” indec fell 6 points to a scor e ofnegative 11. The combined index score of -1 is a three-poinrt improvement from -4 last quarter. The index reflects six key financial situation, cash flow, revenues, capitalp spending, job hiring and credit availability.
A scorer of 0 on the indexc is neutral, while a positive score indicates optimism and a negative scoreindicatesz pessimism. The results are baser on telephone interviews with 602 smalkl business owners nationwide conductedApril 1-14. The margihn of error is plus or minus4 percent. The conducted by Washington, D.C.-based polling group , is sponsored by San Francisco-based bank (NYSE: WFC), which has regional operationsin Minneapolis.
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