Boston Entrepreneurs Optimistic About Jobs And Economy Over Next Year, Survey Of EO Boston Shows

Article by:
Staff
EO Global

02 February 2012 – Entrepreneurs in the Boston area are generally optimistic about the business climate and what 2012 holds in store, according to survey results recently released from the Entrepreneur's Organization's GEI (Global Entrepreneur Indicator) results.

The GEI surveyed EO Boston, who has an approximate membership of 100 - all entrepreneurs with annual revenues exceeding $1 million - and their findings show that 73% of those surveyed have seen their revenues increase over the past six months. In what is an even greater sign of optimism, 88% of those surveyed anticipate increased revenues over the next six months. In fact, 81 percent of the entrepreneurs indicated that they would start a new business in the current economic environment.

In addition, the survey revealed positive results for those in the job market. Boston-area entrepreneurs reported that over the past six months, only 4 percent saw a decrease in number of employees versus a 62 percent increase of full time employees and 50 percent increase in part time and contract employees. Additionally, 73 percent of the entrepreneurs predict there will be an increase of full time employees in the coming six months as well as an increase in part-time and contract employees, according to 58 percent.

Read more at [City Biz List Boston].

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