41% of the respondents stated business was the same as it had been most of last year, with no improvement. 32% stated the conditions have gotten worse. On the brighter side, the survey results indicated 27% responded that the current market conditions have improved.
An overwhelming number of respondents 50%, felt business is likely to return to "pre-economic down-turn" conditions by early 2009. The survey was taken from May 10th to May 15th and included over 800 shops, 74% of the respondents identified themselves as having three or less employees.
To see the more detailed results visit www.web-est.com.