16 Mar

Small Business Optimism

Continuing Coverage Of NFIB Small Business Optimism Index

Bloomberg (3/9, Fanzeres) reported, “The National Federation of Independent Business index of sentiment increased by 0.8 point to 95.8, the group said” last Tuesday. NFIB Chief Economist Bill Dunkelberg was quoted saying, “Small-business owners worked hard in February to overcome unexpected weather conditions along with the ongoing Covid-19 pandemic. … Capital spending has been strong, but not on Main Street. The economic recovery remains uneven for small businesses, especially those still managing state and local regulations and restrictions.”

Breitbart (3/9, Carney) reported, “This was the first improvement for the index this winter. It had declined in each of the previous three-months as covid infections surged and states reimposed restrictions on businesses.”

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