FYI: While we have been seeing some stabilization/improvement in macro manufacturing indicators, small business sentiment remains weak. Just this morning, the monthly Small Business Optimism Index from the NFIB came in below forecasts for the fourth time in the last five months. While economists were expecting the headline index to rebound slightly from last month’s reading of 93.9, the actual reading came in at 92.9, which is the lowest level for the headline index in two years.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/nfib-misses-estimates-again/
