The Phoenix Business Journal recently reported that Arizona entrepreneurs are creating more jobs, making more money, and expressing more optimism about the future of the economy than their counterparts in other markets. This is according to the Global Entrepreneur Indicator(GEI). The GEI surveys members around the world to measure their success and predictions for the future.
In the past six months, 62 percent of Arizona entrepeneurs added full-time employees compared with a global average of 59 percent. During that same time period 71 percent of Arizona entrepenuers reported an uptick in revenues while the global average was 68 percent.
Additionally, 60 percent reported a boost in net profits in the past six months while only 16% decreased.
Though fewer than half are optimistic about the national economy's future, 85% stated they would start a new busines in the current climate in Arizona.
Article was by Tim Gallen
Saturday, November 3, 2012
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