Long Island small business experts came together on April 3 totalk economy, growth and the findings from a small business surveyfrom Bethpage Federal Credit Union.

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The panel discussion, which took place at the Long IslandAssociation headquarters in Melville, N.Y., includedrepresentatives from several area organizations and from about 50local businesses.

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The talks focused on small businesses' increased optimism aboutlocal and national economies, their reported better financialhealth, and other key findings revealed by owners and executives onLong Island, who participated in a telephone study sponsored by the$5 billion Bethpage Federal Credit Union in Bethpage, N.Y.

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The credit union released the survey's results in March. The Stony Brook University Centerfor Survey Research conducted the survey, collecting data from 603small businesses with annual revenues up to $10 million.

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Among the findings from Bethpage FCU's survey, 27% rated thenational economy as very or fairly good, up from less than 10% in2012. Nearly a third (32%) rated the Long Island economy as very orfairly good, up from 19%.

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Fifty percent of executives surveyed said they were very orsomewhat optimistic about Long Island economic business conditionsover the next 12 months, which was a substantial increase from 37%who reported last year, according to Bethpage FCU. As a result, 64%of business executives rated their current financial status aspositive, up from 52% last year.

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