TAILIEUCHUNG - 2008 Year End Economic Report

Children are particularly affected by changes in local food prices, not only as there are a greater number of children living in poorer households, but under-nutrition - even for short periods - can have long term consequences for children. 3 As such, changes in local food prices give important insights into how household budgets and, in turn, provisions for children’s nutrition and health are being squeezed. Furthermore, as poorer households generally have fewer assets and limited access to credit, their coping capacity depends crucially on their earning prospects, which may be approximated by measuring the overall growth prospect of a given. | 2008 Year End Economic Report NSBA National Small Business Association NSBA National Small Business Association Since 1937 NSBA has advocatd on behalf of America s entrepreneurs. Reaching more than 150 000 small businesses NSBA is proud to be the first national small-business advocacy organization in the United States. To find out more about the importance of the small-business community please visit NSBA s Think Big. Start Small Campaign at startsmall Thinking about the next 12 months do you anticipate DEC AUG Economic expansion A flat economy A recession 03 33 64 21 53 26 Since 1937 NSBA has been the nation s leading small-business advocate. As part of NSBA s mission to address the needs and represent the concerns of the small-business community we conduct a series of surveys and quick polls throughout the year. In addition to NSBA s annual Survey of Small and Mid-Sized Business NSBA in 2008 compiled two economic reports the Mid-Year Economic Report and the Year-End Economic Report using survey and quick poll data to provide a snapshot of how small business is dealing with the current economic situation. The 2008 Year-End Economic Report shows a small-business community reflective of the overall . economy struggling over the past several months and anticipating continued challenges in the near future. The 2008 Year-End Economic Report based primarily on member-survey data collected over the last two weeks of December found small-business owners extremely anxious about the economy with ever-growing fears of a continued recession. When asked in December to compare today s national economy with five years ago 91 percent responded that the . is worse off up from 68 percent in August 2008. In August only 26 percent of survey respondents anticipated a recession while 21 percent anticipated economic growth in the coming 12 months. Asked the same question in December a mere 3 percent of small business owners anticipated economic growth while 33 percent

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