News Formal

U.S. small business sentiment rises to six-month high in June

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 25 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 177%
  • Publisher: 66%

Canadian News Nyheter

Canada News,Breaking News Video,Canadian Breaking News

June marked the 30th straight month that the index stayed below the 50-year average of 98 as inflation concerns remained on the radar and higher borrowing costs weighed on capital investment

U.S. small-business confidence increased to a six-month high in June, but inflation worries lingered amid a rise in the share of owners planning to raise compensation for workers over the next three months.

A net 22 per cent of businesses planned to increase compensation in the next three months, up 4 points from May. That was despite 37 per cent of owners reporting job openings they could not fill, down 5 points from May. The overall labour market is loosening up amid restrictive monetary policy, with government data last week showing there were 1.22 job openings for every unemployed person in May. The unemployment rate rose to a 2-1/2-year high of 4.1 per cent in June.

 

Takk for kommentaren din. Kommentaren din vil bli publisert etter gjennomgang.
Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

 /  🏆 31. in NO

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

US small business sentiment rises to six-month high in JuneU.S. small-business confidence increased to a six-month high in June, but inflation worries lingered amid a rise in the share of owners planning to raise...
Kilde: YahooFinanceCA - 🏆 47. / 63 Les mer »

Stock market today: Stocks zoom higher as S&P 500 notches 30th record close of 2024Wall Street wondered if the bull rally that has roared through 2024 has more room to run.
Kilde: YahooFinanceCA - 🏆 47. / 63 Les mer »