Dunkelberg: "We've never seen sales trends as weak"

12/26/2008 | Wall Street Journal (free content), The

The cutback in consumer spending, late-paying customers, increased cost of materials, cash-flow problems and lack of credit are threatening the survival of small businesses, reports The Wall Street Journal. A recent NFIB survey indicates that more than 25% of the membership believe their survival is threatened and nearly half say the biggest problem is the downturn in sales. "We are going to see small businesses that were marginal go out of business," says NFIB chief economist William Dunkelberg. "We've never seen sales trends as weak."

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Wall Street Journal (free content), The

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