NFIB Small Business Optimism Index dropped 1.3 points to 94.8
The National Federation of Independent Business (NFIB) Index of Small Business Optimism fell 1.3 points in November, dropping the Index to 94.8, this after three months of no change of any significance.
The index remains well below its 42 year average signaling a a “plodding” economy for small business. According to the NFIB, auto sales remain strong, sold and serviced by small businesses, but are produced by large manufacturers. The services sector has been showing more life, a small business domain, while manufacturing has faded. Growth in the fourth quarter
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