Small business owners’ optimism has fallen in the wake of the presidential election.

The latest Wells Fargo/Gallup Small Business Index showed the optimism level had plunged to -11 in November from +17 in July. Despite what appeared to be a trend of improving small business optimism leading into the presidential election, this is the most pessimistic that owners have been about their operating environment since July 2010, when the index stood at -28.

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