Economic Downturn
» Economic Downturn, Volume 8, Issue 1, 2008
If respondent reduced, postponed, or cancelled planned investments.
11a. Did you reduce, postpone, or cancel your planned increase investment because:?
Response | ||||
---|---|---|---|---|
1 | You could not get credit or financing | 5 | ||
2 | Unit costs were higher than expected | 7 | ||
3 | The slowing economy made investments not advisable | 56 | ||
4 | You needed the funds for other purposes | 27 | ||
5 | Other | 5 | ||
6 | DK/Refuse | 0 | ||
Total (%) | 100 | |||
N | 139 |
Notes: Fifty-six (56) percent of small employers who reduced, postponed, or cancelled planned investments did so because the slowing economy made investments not advisable.