Saturday, September 12, 2015

US small business confidence rises slightly in August

Small businesses saw a slight uptake in the Small Business Optimism Index according to the National Federation of Independent Business. Interestingly, these survey was conduced prior to the turmoil in the Chinese markets, though many of the businesses would likely not be impacted.

The article also stated that the job growth slowdown was likely an aberration, as the survey's labor market gauges had improved. Owners were slightly optimistic about sales, but were reluctant to consider expansion.

Inflation is still a concern for business owners, although not as much as you would think with all of the talk of the fed raising interest rates. Only 15 percent of owners were expecting to raise their prices in the coming months.


Link here: http://www.cnbc.com/2015/09/08/us-small-business-confidence-rises-slightly-in-august.html