FYI: After the steepest five month decline since the Financial Crisis and the longest monthly losing streak since 1998, NFIB Small Business Confidence rebounded in February, although by a less than anticipated degree. While economists were expecting the headline index to bounce from 101.2 up to 102.5, the actual increase was much smaller at just 101.7. As shown in the chart below, while the index was higher this month, it hasn’t put anything more than a small dent into the decline we saw from the high back in August of last year.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/small-business-rebounds-less-than-expected/
