Research >> Economics
NFIB Small Business Optimism Index drops to 86.8
The Index of Small Business Optimism lost 1.2 points, falling to 86.8. The persistence of Index readings below 90 is unprecedented in survey history. The Index has posted 18 consecutive monthly readings below 90. The March Index continues this trend, and heading in the wrong direction, very inconsistent with the notion that the economy is recovering and that job growth has strength. Nine of the 10 Index components fell or were unchanged from February’s. Not the picture of an economic expansion.
Posted: April 13, 2010 Tuesday 07:30 AM