Flagging healthcare legislation lead to a decrease in the National Federation of Independent Business’ Small Business Optimism Index in June, but according to a survey of South Florida small businesses conducted by TD Bank.
NFIB’s index of Small Business Optimism declined by .9 percent to 103.6 in June from May. But, a TD Bank survey found that 19 percent of Florida’s small business owners believe changes to healthcare regulations posed a challenge to their business, according to the South Florida Business Journal.
“Overall, businesses in South Florida feel positive about the new administration because it is supposed to be pro-business,” said Pablo Pino, market president of South Florida at TD Bank. ” They aren’t too concerned about a change in healthcare regulation because it is perceived as less burdensome to small business owners than the adjustments that were needed to comply with ACA (Obamacare).”