The National Federation of Independent Business (NFIB) reported that its small-business optimism index for the month of January rose to 93.9, up just 0.1 from December’s reading. That’s slightly lower than the index reading of 94.1 in January 2011.
The NFIB’s chief economist said:
The most positive statement that can be made about January’s reading is that the Index did not go down; a change of 0.1 points is essentially no change and it is hardly indicative of a surge in economic activity.
Net employment for the month remained essentially flat, and capital spending fell by 1% in January. The top business problem reported by owners is “poor sales.”
The NFIB press release is here.
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
