New Jersey businesses are facing a sign of the times: not quite rock bottom, but not yet able to dig themselves out. The state’s 2011 Business Outlook Survey shows slow growth among the 1,311 participating businesses.
That number reflects 9 percent of New Jersey Business & Industry Association members, and all reported slightly better conditions that last year.
Philip Kirschne, president of the NJBIA likened the survey results to grades. He told the Press of Atlantic City, “The way I characterize it, we were at an ‘F,’ and now we’re at a ‘D.’”
You know times are tough when a D is good.