Economic Downturn
» Economic Downturn, Volume 8, Issue 1, 2008
If respondent reduced his/her business operating hours compared to six months ago.
9b. Did you reduce operating hours:?
| Response | ||||
|---|---|---|---|---|
| 1 | To cut operating costs | 22 | ||
| 2 | In response to slower sales | 42 | ||
| 3 | Because your business is more productive and needs fewer hours | 4 | ||
| 4 | Because of seasonal factors | 26 | ||
| 5 | Other | 7 | ||
| 6 | DK/Refuse | 0 | ||
| Total (%) | 101 | |||
| N | 72 | |||
Notes: Forty-one (41) percent of small employers who reduced their business operating hours compared to six months ago did so in response to slower sales.
