US May NFIB small business optimism index 89.4 vs 89.0 prior

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US May NFIB small business optimism index 89.4 vs 89.0 prior

This makes it 17 months in a row now that the index is sitting below its 49-year average of 98. NFIB notes that small businesses are clearly in a rece

This makes it 17 months in a row now that the index is sitting below its 49-year average of 98. NFIB notes that small businesses are clearly in a recession mood, expressing
great concern for future business conditions. Until inflation cools further and the Fed pauses its tightening cycle, then only will optimism start to improve again moving forward.

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