News Formal

Small business optimism sinks in April to lowest level in a decade

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

Small businesses struggling to hire workers amid ongoing shortage

Bank of America President of Small Business and Head of Specialty Bank & Lending Sharon Miller discusses the release of the 2023 Small Business Owner Report and breaks down the top concerns faced by business owners.

, said its Small Business Optimism Index sank to 89 last month, a 1.1 percentage point decrease from March. That marks the 16th straight month of readings below the 48-year average of 98 and the lowest reading since January 2013. "We are Closing, thanks for your support and business after 35 years" sign posted on a small business door in Queens, New York.

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:

 /  🏆 458. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

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

U.S. Small-Business Confidence Fell in April -- NFIBBy Will Feuer Confidence among U.S. small businesses deteriorated in April as challenges associated with labor quality topped inflation to become the top...
Source: MarketWatch - 🏆 3. / 97 Read more »