Tuesday, July 9, 2013

Small Business Optimism Dropped in June

The NFIB’s Small Business Optimism Index dropped after two previous months of increases in June, settling at 93.5 index points. The index is well below the long run average of 98.1.

Financing continues to be the least cited challenge facing small business, with only 2% of respondents reporting it as their single most important problem, unchanged from the previous few months. Taxes and government requirements continued to be the first and second most often cited problem, but the number of respondents citing the issues as the single most important problem decreased. Taxes dropped from 24% to 20% and government requirements declined from 23% to 20%.

Read the NFIB report.

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