Small Business Brief for 12/02

Government and Economy SBA Applauds Treasury Action to Bolster Secondary Market for Small Business Loans A plan by the Treasury and the Federal Reserve to improve market conditions for asset-backed securities – including those composed of SBA-backed small business loans – should be welcome news to credit-hungry small businesses across the country, said U.S. Small Business Administration Acting Administrator Sandy K. Baruah.   Holiday Sales Season: One of the Weakest in Years Increased retail shopping over Thanksgiving will not be enough to keep this from going on record as one of the weakest sales seasons in recent years. [Read Full Article]