US Small-Business Optimism Dips in October

US Small-Business Optimism Dips in October

Small-business optimism in the United States fell in October from the previous month amid lower sales and increasing costs, the National Federation of Independent Business (NFIB) said in a Nov. 11 statement. NFIB’s Small Business Optimism Index declined 0.6 points in October from September, to hit 98.2. The index is calculated based on a survey of NFIB members. Bill Dunkelberg, chief economist at the federation, attributed the decline to small-b…

Labor Quality Tops SMB Concerns as Optimism Edges Down

The NFIB Small Business Optimism Index declined 0.6 points in October to 98.2 but remained above its 52-year average of 98. The Uncertainty Index fell 12 points from September to 88, the lowest reading of this year. “Optimism among small businesses declined slightly in October as owners report lower sales and reduced profits,” said NFIB…

NFIB: Ohio Small Business Optimism Takes a Small Step Back

COLUMBUS, Ohio – The NFIB Small Business Optimism Index declined 0.6 points in October to 98.2 but remained above its 52-year average of 98. The Uncertainty Index fell 12 points from September to 88, the lowest reading this year. “While optimism among the nation’s small businesses dipped in October, it’s a positive sign that owners […] The post NFIB: Ohio Small Business Optimism Takes a Small Step Back appeared first on Business Journal Daily | …

Small Business Optimism Index Falls to 98.2 as Labor Quality Concerns Surge to 27%

Wells Fargo report shows hiring stable but sales and profits deteriorating through October American small businesses are confronting a mix of moderating inflation pressures and intensifying workforce challenges that are dampening their economic outlook. The National Federation of Independent Business (NFIB) Small Business Optimism Index fell to 98.2 in October, marking the second consecutive monthly decline and returning sentiment to its weakest…