NEW YORK (AP) — Small business owners are more pessimistic about the economy. The National Federation of Independent Business said its index of small business optimism fell nearly 2 points during March.
The NFIB, a group representing small business owners, compiled the index from a survey of its members. It found that owners' expectations for sales and profits fell last month. Plans to hire more workers also fell.
The drop in the index to a reading of 92.5 from February's 94.3 follows six months of gains. The index was at a low of 81 in April 2009, just after the stock market hit bottom during the recession.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
