NFIB August: Small Business Softness

NFIB August

Small businesses matter!

SBO Index FELL 2.5 pts (32 mo below 50 yr Ave)

Uncertainty ROSE to 92 (highest since Oct 2020)

INFLATION is top issue!

Yes INFLATION.

Margins compressed -> Lowering Bottom Lines!

The mood on Main Street worsened in August, despite

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