Small businesses are becoming increasingly negative about the future of the economy, reporting higher prices, difficulty finding workers and shortages of key materials.
That’s the picture that emerges from the monthly Small Business Optimism Index survey from the National Federation of Independent Business released on Tuesday. The index declined 0.9 points to 98.2 last month.
While the overall index declined, some components reflected a worsening of conditions. Owners expecting better business conditions over the next six months fell 4 points to a net negative 37%, with the indicator registering a 17-point drop over the past three months. It is now at its lowest level since November 2012….[Read More]