Brooklyn Chamber: Business Outlook “Generally Grim”


The Brooklyn Chamber of Commerce just released the results of its business sentiment survey and, not surprisingly, the findings ain't pretty: The study "uncovered a generally grim outlook on the economy for 2009 and on Members’ feelings about business for the coming year," according to a press release yesterday. Half of businesses in Brooklyn saw revenues remain flat or decline in 2008, and more than 40 percent were negatively affected by the tightening credit markets last year. “There is a lot of uncertainty out there,” said Carl Hum, chief executive of the chamber, told Crain's. “Even businesses that aren’t expecting falloffs are scared out of their wits. They’re just waiting for the other shoe to drop.” And as for the proposal to add tolls to the East River Bridges, more than two-thirds were against it.
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