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Small Business Report: 5/5

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After rising 10% last year lending to small companies -- in March according to a new survey raising new concerns about a stalling economic recovery.

The latest report on -- -- small business lending index says the pace of lending went flat in the first quarter.

-- -- says that means that despite record low interest rates entrepreneurs are shying away from investing.

The pain that index was down 3% in March to a level of 98 point five after reaching a high of a 110.

At the end of 2011.

The march level is approximately where it was in 2005.

-- that says the report shows the small businesses are not ready to aggressively expand it.

One economist says caution by businesses large and small should not be a surprise.

The faster pace of economic growth is going to have to wait.

Until we get through some of the uncertainties with respect -- tax policy regulatory policy.

Something with respect to how we're gonna resolve.

Be close to resolving the European situation.

I think -- just a lot of uncertainties right now an election year.

Sylvia says that as a result the economy will grow only about 2% or so this year with unemployment remaining stock at about 8%.

That's it for this edition of the small business report I'm Peter Barnes Fox Business Network.