What are small businesses telling JPMorgan Chase, other banks, and investors about the economy? In this video, Matt Koppenheffer and David Hanson discuss the latest from the JPMorgan small business survey. The good news: More than half of all small businesses anticipate sales and earnings to increase in the coming year. The bad news: Only 30% plan on increasing their capital expenditure, and only 30% plan on increasing their business loans. Given historically low interest rates, this is disappointing. You would hope that small businesses would take advantage of low interest rates, but instead they seem to be cautious. Hopefully, if more than 50% of small businesses do experience improved sales and earnings, they will start expanding their operations, which will lead to increased borrowing and profits for banks.