USA’s small business confidence is spurring a hiring and spending spree

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U.S small businesses are brimming with confidence — and backing up their upbeat outlook with a burst of hiring and spending.

Sixty-four percent of firms with 100 or fewer employees say their businesses are doing well, up from 61% in late 2015, according to an Allstate/USA TODAY survey of 2,790 such enterprises in mid-February.