US NFIB Small Business Economic Trends Show Sharp Decline in Optimism Index

Tuesday, 10 September 2024, 04:00

US NFIB small business economic trends reveal a significant drop in optimism. The Optimism Index decreased by 2.5 points in August to 91.2, erasing all gains made in July. This marks the 32nd consecutive month below the 50-year average of 98, underscoring ongoing challenges in the small business sector.
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US NFIB Small Business Economic Trends Show Sharp Decline in Optimism Index

US NFIB Small Business Economic Trends

In the latest report, the US NFIB small business economic trends indicate a troubling decline. The Optimism Index has decreased significantly, dropping by 2.5 points to reach 91.2 in August.

Long-term Implications

  • This decline has erased all of the gains from July.
  • It represents the 32nd consecutive month that the index has remained below the 50-year average of 98.

Small businesses are facing persistent challenges, impacting their economic outlook.


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.


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