Small Business News You Can Use (4/30)

It’s intuitive to most people that in economic downturns more jobs are lost from businesses shuttering than are gained from companies starting. What’s less obvious is how much worse this pattern was during the Great Recession than in two previous economic downturns. The Housing market is likely to remain weak and may take a generation or more to rebound, Yale economics professor Robert Shiller told Reuters Insider on Tuesday. Small-business owners are having an easier time securing credit as they pay down debt during the economic recovery, according to a Wells Fargo/Gallup Small Business Index survey conducted earlier this month. The disappointing economic growth figures released Friday by the federal government have raised the possibility that the U.S. recovery might be stalling — just when it appeared poised to achieve “escape velocity,” in which gains would become self-reinforcing.