Survey shows marked optimism in Texas business owners

Tax and business consulting firm UHY Advisors recently conducted a survey in which it was discovered that a significant number of businesses owners in Texas believe that 2013 will be a good year regarding job opportunities and investments, with more of them saying that an economic downturn is not anticipated for this year.

In the Texas Business Outlook Survey conducted February 21-25 and for which results were released in March, 14 percent of business managers expected a steady acceleration of the economy, with 40 percent saying economic expansion is possible, and 45 percent saying that the business climate will probably be the same as last year’s, but definitely isn’t headed downhill.

UHY Advisors’ chief operating officer Ron Martin said this sentiment proves Texas businessmen are showing continuous optimism in the economy, but are still cautious and are guarded against “challenges and surprises that are beyond their control.”