The NFIB Small Business Optimism survey hits a plateau. Remains below historic average.
The Index of Small Business Optimism rose one-tenth of a point in July to 94.6, a meager increase showing no real enthusiasm for expansion, expected sales, and making capital outlays, according to the National Federation of Independent Business (NFIB).
“Small business optimism was pretty much unchanged during the month of July and small businesses continue to be in maintenance mode,” said NFIB Chief Economist Bill Dunkelberg. “Uncertainty is high, expectations for better business conditions are low, and future business investments look weak. Our data indicates that there
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