An American Small-Business Turnaround Could Be in the Works as Underdogs Struggle Against Corporate Giants

A surge in construction, manufacturing, retail, and service industries is accompanied by a boost in confideence.

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Small shops on Bleecker Street at New York. Getty Images

SAXONBURG, Pennsylvania — Small businesses have been the backbone of America since its founding. The Hotel Saxonburg, which has also been known as the Vogeley House, the Belvedere House, the Laube House, and the Central Hotel, opened in 1835 and has lasted most of our nation’s existence.

Yesterday, the new owners abruptly closed the hotel after purchasing it two years ago. This not only shuttered the historic restaurant and hotel that served as a cultural touchstone for nearly 200 years, but it also caused people to lose their jobs.

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