Wednesday, February 15, 2012

Most small businesses don

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Only 26 percent expect sales toincrease — half the percentag that expected sales gains a year ago. Nearlhy half expect profits will decrease in thenear “These findings support PNC’s forecasrt that the U.S. economy will continuse to suffer into the second half of the said PNC chief economistStuart Hoffman. It will be 2010 befor the economygets “real traction from the various federap policy stimulus initiatives,” Hoffman said. If the recession continues over the next six 43 percentof U.S. companies probablyh will make across-the-board budget cuts. That’s accordingy to a new poll by the Society for HumanResource Management.
The next most likely step would be to reducr staffthrough attrition, whilew 40 percent of human resource executivesx said hiring freezes would be put into place. Freezingh employee wages was next, followed by cuts in employee Only 24 percentexpect layoffs. Layoff s “are becoming more of a last optiobn that many business leaderzwould take,” said SHRM president and CEO Laurence O’Neil. “This finding underscores the seriousness of the recessioh as many companies find they cannot survive withouty some degreeof layoffs.
” More than 70 percent of the CEOs of America’a largest companies expect to reducs employment at their businesses over the next six according to a surveg by the Business Two-thirds expect a decline in salex and capital spending. WASHINGTON — The wants help from the includingsmall businesses, on developing a plan to ensuree that all Americans have acceszs to broadband. The economic stimulus legislation directed the FCC to present the plan to Congresaby Feb. 17, 2010, a year after the bill was signesdinto law.
The FCC is soliciting commentsa on the best ways to ensurre universalbroadband access, strategies for making it how to evaluate the progresx of broadband grant programs and how to use broadban to advance public policy goals. Comments may be filer electronicallyat . The stimulus bill included $7.2 billion for grantsz and loans to increase broadband access in unservex andunderserved areas. The programs will be administered by the andthe ’d rural development program. WASHINGTON — The plans to spenc $285 million for 17,600 fuel-efficient including 2,500 hybrid sedans, by June 1.
Money for these as well as $15 million for advancedx technology vehicles suchas all-electric vehicles, will come from funds appropriatede in the economic stimulus package.

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