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Small Business Less Than Optimistic
Thursday, July 11, 2013 8:00 AM

Small Business Optimism Index

Small-business optimism remained in tepid territory in June, as NFIB’s monthly economic Index dropped just under a point (0.9) and landed at 93.5, effectively ending any hope of a revival in confidence among job creators. Six of the ten Index components fell, two rose and two were unchanged.

While job creation plans increased slightly in June, expectations for improved business conditions remained negative. The Index, which was 12 points higher in June than at its lowest reading during the Great Recession but 7 points below the pre-2008 average and 14 points below the peak for the expansion, has been teetering between modest increases and declines for months.

Source: NFIB.Com, 9 July 2013