(StatePoint) Optimism for the future of the U.S. economy and business prospects is at an all-time high, according to a new survey of small and mid-size business owners.

Just one year ago in PNC’s Economic Outlook survey, a record 56% of respondents – which include business owners or financial decision makers at more than 500 small to mid-size businesses nationwide – reported optimism for the future of the U.S. economy. That number jumped to 58% in the latest survey, with optimism for business prospects climbing to 84%.

In contrast, is a declining number of respondents who say they expect demand or profits to increase in the next six months. Additionally, 46% of business owners say they are “extremely concerned” about inflation in the coming months, with one-third also reporting they are

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