FYI: Small Business sentiment from the NFIB was released early this morning and came in unchanged versus April and right inline with expectations at 104.5. After surging as high 105.9 earlier this year, sentiment has drifted lower in the last few months, but still remains well above its historical average levels and not far from the all-time highs seen back in late 2004.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/small-business-confidence-unchanged-and-inline/