Boston small business owners feel pretty good about their local economy, but the presidential election is putting a damper on their attitudes about the national economy and their own business’s chances of increasing hiring or revenues over the next year, according to a recent survey by Bank of America.

According to BofA’s spring 2016 Small Business Owner Report, the majority of Boston small business owners plan to grow their business over the next five years (56 percent), but that’s down from 64 percent who said so last year. Hiring projections slowed, too, with 23 percent of those surveyed telling BofA they planned to hire this year, compared with 49 percent last year. Boston business owners were more confident about increasing revenues over the next year than the nationwide average, however (57 versus 51 percent).

Bank of America commissions the survey twice yearly to measure the concerns, aspirations and perspectives of small business owners around the country and in nine target markets, including Boston, Altanta, Chicago and New York.

GfK Public Affairs and Corporate Communications conducted the survey between March 17 and April 19 amongst a pre-recruited online sample of 1,000 small business owners in the United States. Those business owners had revenues between $100,000 and $4.9 million and between two and 99 employees. Previous waves of the Small Business Owner Report survey were conducted by telephone.

Forty-six percent of Boston business owners told BofA they felt their local economy would improve over the next year, 8 percentage points higher than the national average. Just 33 percent said the same about the national economy, representing an 18 percent drop from those who said the same last year.

The bank also polled business owners on the presidential election and the potential impacts of a rising minimum wage. Sixty-four percent of respondents believed the election would affect their business “a lot” or “somewhat,” and 44 percent said the same of congressional elections. Fifty-two percent of Boston small business owners said they would need to take financial measures to adjust to a rising minimum wage, and 21 percent said they would increase the price of products and services.

With respect to hiring, only 3 percent of Boston business owners surveyed said education level was the most important factor when hiring, 48 percent said skill level was the most important and 28 percent said work experience was the most important factor.

The full survey is available here, and an infographic is available here.