One-third of small businesses nationwide and two-thirds of small biz owners in New York City suffered lower sales in the weeks after the September 11th terrorist attacks, according to a survey of small business owners conducted by the National Federation of Independent Business (NFIB), a small business lobbying group.

Thirty-Four percent said that their sales are lower since September 11. Two-thirds attributed the decline primarily to the attack and the remaining third believed the attack is a major reason. NFIB surveyed 400 small companies nationally the week ended October 11th. In New York City, 300 small businesses were surveyed the week ended October 18th.

The good news is that sales have been improving! Nine percent reported sales are picking up ?a lot? while 37 percent say sales are picking up ?a little.?

Other findings from the survey:
15% of small businesses plan to implement some sort of new security in the wake of the attacks.
18% predict that the new emphasis on security in all facets of American life will increase the cost of doing business.
Almost 20% immediately cancelled or postponed travel plans in response to the attacks (one-third of those did because the airports were closed).
9% said they were considering borrowing money to cope with the economic results of the attacks
60% believe that the government-guaranteed loans would provide a boost to the recovery effort
64% of small biz owners believe that business activity will return to normal next year
New York small businesses experienced twice the sales declines, twice as many have cancelled travel plans and twice as many (as nationwide) have reduced their labor forces or failed to fill vacancies since 911

The NFIB Education Foundation is the research and education arm of the National Federation of Independent Business (NFIB), the nation?s largest small business advocacy group with over 600,000 members.