FYI: Tuesday’s report on Small Business Optimism from the NFIB showed a slight increase from last month, rising to 93.8 relative to expectations for a level of 93.6. While the index has now increased for two straight months, it follows what was the largest peak to trough decline of the current economic cycle. Additionally, at its current level of 93.8, the NFIB index of small business optimism remains well below its long-term average of 96.0. Perhaps the NFIB summed it up best in their release when they said, The Index of Small Business Optimism increased 0.2 points to 93.8, positive but don’t start writing home about it.”
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/nfib-better-than-expected-poor-sales-an-increasing-problem/
