Small business optimism ticks higher, but remains low: NFIB data

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 40 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

Small Business News

Business Owner,NFIB Research Center Executive Director

According to the National Federation of Independent Business, small business optimism is still down from its pre-COVID peak despite seeing an uptick in...

According to the National Federation of Independent Business, small business optimism is still down from its pre-COVID peak despite seeing an uptick in recent months. NFIB Research Center executive director Holly Wade joins Wealth! to give insight into the current landscape for small business owners.

You know, it's interesting, especially as we think about hiring and, and compensation struggles for those small business owners.So right now for those looking to hire those that have unfilled job openings, we're seeing a lot of those in construction, uh transportation, manufacturing kind of all in the service sector.

Well, it's certainly getting more difficult because, you know, consumers are fatigued with price increases.They're looking to be more strategic about their purchases.And so the small business owners, especially when it's the owner, many of the customers know the owner personally. And then additionally, on the consumer side where they're trying to sell into some of those either larger com tracks or even one time customers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US small business sentiment up in May, but looming election clouds outlookThe National Federation of Independent Business (NFIB) said its Small Business Optimism Index rose eight-tenths of a point to 90.5 last month, the second...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »