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Private Businesses Predict Limited Growth for 2013

Everett, Craig R. and K., John (2013): Private Businesses Predict Limited Growth for 2013. Published in: Graziadio Business Review , Vol. 16, No. 1 (January 2013)

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The quarterly private capital access (PCA) index and the private capital demand (PCD) index, economic indicators published by the Pepperdine Private Capital Markets Project, predict continued low levels of both demand and access in the near future. Thus the near-term prospects for robust economic growth are restricted. The implied policy recommendation for national and local governments is to enhance loan guarantee programs for private firms with revenues of less than five million USD ($5M).

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