Last updateFri, 03 Jul 2020 5pm

Manufacturing & The Economy

Small Business Optimism Rose in October

The small business half of the economy posted a 0.6 point gain in October’s NFIB Small Business Optimism Index. The 102.4 reading was buoyed by eight of the 10 Index components advancing, as talk of a recession waned in October. The Uncertainty Index declined 4 points but remains historically high heading into an election year. One quarter of the owners selected “finding qualified labor” as their top business problem, more than cited taxes or regulations.

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