US Small Business Optimism Index Shows Slight Decline in February

Tuesday, 12 March 2024, 09:54

The US NFIB small business optimism index for February came in at 89.4, slightly lower than the previous month's 89.9. This drop indicates a more cautious sentiment among small businesses at the beginning of the year. It marks the 26th consecutive month below the 50-year average of 98, reflecting a subdued trend in small business confidence over the past two years.

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US Small Business Optimism Index

The February NFIB small business optimism index in the US dropped to 89.4, down from the previous month's 89.9. This decline highlights a cautious mood among small businesses. Unfortunately, this reading continues a streak of 26 months below the 50-year average of 98, painting a picture of prolonged subdued confidence in the small business sector.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.