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GREATER SEATTLE CHAMBER OF COMMERCE

 SEATTLE, Nov. 24 ~PRNewswire~ -- The Greater Seattle Chamber of Commerce and Price Waterhouse have released the results of their semi- annual (spring and fall) Puget Sound Small Business Confidence Survey, the Chamber said today. The fall survey reflects the following sentiments:
 -- 73 percent of respondents feel general economic conditions are unchanged or better than six months ago, compared to 67 percent in spring 1992, the last time the survey was taken.
 -- 80 percent of respondents feel conditions in their own industries are better than or the same as six months ago. That's up from 72 percent in spring 1992.
 -- 48 percent report that their quarterly revenues are up, and 42 percent report that their quarterly profits are increasing.
 -- 78 percent report that employment has stabilized or is increasing compared to six months ago, and 43 percent project increasing employment in the coming six months.
 -- 92 percent of respondents feel the state economy has weakened in the past six months, while a whopping 80 percent feel conditions will improve in the coming six months.
 -- 58 percent of respondents favor nationally legislated health-care reform.
 -- Participants' top two suggestions for improving the cost of doing business in the Puget Sound region were B&O tax reform and government financial incentives for business.
 The Chamber~Price Waterhouse survey is unique for two reasons. First, the participants are an identified group that does not change between surveys. Second, results can be segmented by the following industries: manufacturing, construction, TCPU (transportation, communications, public utilities), wholesale trade, retail trade, FIRE (finance, insurance and real estate), and other services.
 -0- 11~24~92
 ~CONTACT: Dee Anne Everson, 206-389-7255, or Sally Wright, 206-389-7241, both of the Greater Seattle Chamber of Commerce~


CO: Greater Seattle Chamber of Commerce; Price Waterhouse ST: Washington IN: SU: ECO

SW-LM -- SE010 -- 1121 11~24~92 13:59 EST
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Publication:PR Newswire
Date:Nov 24, 1992
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