FYI: Tuesday’s report on small business optimism for the month of March unexpectedly declined in March as the NFIB’s index of small business optimism fell from 98.0 down to 95.2. This marks the third straight weaker than expected reading as well as the third straight drop in the index. As shown in the chart below, the index is now back down below its average of 96.1 dating back to 2000 after five straight above-average readings. The recent decline in the index is also notable for its steepness. The last time it saw a three month fall of 5.2 points was in November 2012.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/nfib-small-business-optimism-unexpectedly-declines/
