Preppin’ for RECESSION. PBN survey: Talk of a coming downturn is taking toll on confidence

SEEKING CLIENTS: Robert Wheeler, co-owner of Friends of Toto Inc., a dog day care and grooming business in Pawtucket, spent $400,000 to double his business space to accommodate growing customer demand but now he must find additional customers to cover the construction costs of expansion.
PBN PHOTO/MICHAEL SALERNO
SEEKING CLIENTS: Robert Wheeler, co-owner of Friends of Toto Inc., a dog day care and grooming business in Pawtucket, spent $400,000 to double his business space to accommodate growing customer demand but now he must find additional customers to cover the construction costs of expansion.
PBN PHOTO/MICHAEL SALERNO

If and when the country will slip into a recession depends on who you ask, but the gloom is already settling over Rhode Island companies nonetheless, according to Providence Business News’ 2023 Winter Business Survey. Only one of every three business owners and executives who responded to the biannual survey expect to see improvements in

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