Electricity Crisis Dims Business Outlook for California.

• Position: Brief Article

Four out of 10 small companies say California's electricity crisis has dimmed their view of the state as a place to do business, and nearly two in 10 are exploring a move to another state, according to a survey released by the National Federation of Independent Business. Although California businesses have raised serious concerns about both energy costs and supply, the state's economy so far has shown only limited damage. Just more than 20 percent of survey respondents said they had been hit by blackouts since the beginning of the year. About one-third said they lost sales, nearly 21 percent said materials were damaged or destroyed, and nearly 40 percent had to...