FYI: While much of the economic data thus far for October has been weaker than expected, at sentiment on the part of small businesses is improving. According to this month’s NFIB Small Business Sentiment survey, overall sentiment improved from 94.1 up to 94.9 and ahead of the 94.1 consensus estimate. Even after this month’s increase, overall sentiment on the part of small businesses remains below its average level of 96.0 since 2000, and nowhere even near the current cycle’s high of 100.3 at the end of December 2014.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/nfib-small-business-sentiment-improves/
