• Home
  • Analitica
  • Notizie dai mercati
  • U.S. small business optimism index decreases more than forecast in August, - NFIB report shows
Notizie economiche
10.09.2024

U.S. small business optimism index decreases more than forecast in August, - NFIB report shows

The National Federation of Independent Business (NFIB) reported on Tuesday its Small Business Optimism Index fell by 2.5 points to 91.2 in July, following a 2.2-point climb in the previous month. This was the first drop in the indicator in five months.

Economists had forecast the index to slip to 93.6 in August.

According to the report, the August decline in the headline gauge was due to decreases in 8 components, led by a measure of small business owners expecting real sales to be higher (-9 points), a measure of small business owners reporting positive profit trends (-7 points), and a measure of small business owners expecting the improvement in the economy (-6 points). These declines, however, were partly offset by increases in such two indicators, as a measure of small business owners reporting they have job openings that they could not fill in the current period (+2 points) and a measure of small business owners planning capital outlays in the next few months (+1 point). 

Commenting on the latest data, Bill Dunkelberg, NFIB Chief Economist, said that, the mood on Main Street worsened in August, despite last month’s gains. “Historically high inflation remains the top issue for owners as sales expectations plummet and cost pressures increase,” he added. “Uncertainty among small business owners continues to rise as expectations for future business conditions worsen.”

Guarda anche