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M&T Bank survey finds more businesses plan to hire

An M&T Bank survey of business banking clients found that 36 percent of them planned to hire additional workers over the next few months, up from 26 percent in the fourth quarter of 2017, when the survey was last conducted.

Thirteen percent of respondents said they would increase the hours of current workers without hiring new employees, which was up from 8 percent in the fourth quarter.

M&T Bank surveyed small- to mid-sized businesses in its footprint in May and received 337 responses.

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