Last month’s fiscal cliff negotiations seem to have taken a toll on the confidence of small business owners, with the National Federation of Independent Business’s Small Business Optimism Index edging up only slightly in December.
The NFIB said Tuesday that small business owner optimism crept up 0.5 over November’s historically-low report, the 88 point reading was still the second lowest since March 2010. December’s poor report resulted largely from a deterioration of labor market components, and the surprising percentage of owners who still expect business conditions to worsen in the next six months, the NFIB noted.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access