The NFIB's business optimism survey showed a reading of 88.5, down nearly a point from February and the lowest since December 2012.
"Small business optimism has reached the lowest level since 2012 as owners continue to manage numerous economic headwinds," NFIB Chief Economist Bill Dunkelberg said."Inflation has once again been reported as the top business problem on Main Street and the labor market has only eased slightly." put the annual inflation rate at 2.5% in February. The measurement, which the Federal Reserve uses as its main inflation gauge, showed a 2.8% level when excluding food and energy, which policymakers prefer as a better sign of longer-run trends.
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Small Business Optimism Hits Lowest Level Since 2012The NFIB's business optimism survey shows that small business confidence has reached its lowest level since 2012 due to concerns about inflation and rising input and labor costs.
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Small business optimism hits lowest level since 2012: NFIBThe NFIB's Small Business Optimism Index slid in March to its lowest level since December 2012 amid concerns about inflation, high interest rates and labor market challenges.
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Small business optimism hits 11-year low as inflation fears won't go awayThe NFIB’s survey showed a reading of 88.5, down nearly a point from February to the lowest since December 2012.
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Small Business Optimism Declines to Lowest Level in a DecadeAccording to a new report from the National Federation of Independent Businesses (NFIB), small business optimism declined in March to its lowest level in more than a decade. The NFIB's Small Business Optimism Index decreased by 0.9 points to 88.5, marking the 27th consecutive month with the index below the 50-year average. Small business owners cited inflation as the top business problem, along with managing economic headwinds and labor market challenges.
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Small Business Crawl: Celebrating Womxn Owned BusinessJoin in this Saturday! March 30, for an all-day celebration of women-owned businesses! Introducing the Small Business Crawl, where you can explore various locations throughout the day and discover unique offerings, specials, and samples.
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Ohio Small Business Owners Fear a TikTok Ban Would Take a Hit to Their SalesOhio small business owners worry banning TikTok could be bad for business.
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