New York Q1 2015 PCA Index Findings Infographic
Once a quarter, Pepperdine University’s Graziadio School of Business and Management and Dun & Bradstreet poll small and medium-sized businesses across the nation to learn more about those companies growth and access to capital.
New York Small Businesses Feel Restricted to Grow & Hire
- Half of the businesses that applied for a New York small business loan actually received one, which is higher than the national average of 41 percent.
- Sixty-three percent of New York businesses surveyed feel their growth opportunities are restricted, compared to 53 percent nationally, and 53 percent feel their ability to hire is restricted, compared to 46 percent nationally.
- 32 percent of businesses in New York used personal assets, which is slightly lower than the national average of 35 percent.