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Small Business & NFIB News Round-up

NFIB makes headlines as the voice of small business. Read press coverage of how we’re standing up for you on small business issues..

Arkansas: Talk Business & Politics mentioned NFIB’s endorsement of Rep. Tom Cotton.

Date: July 28, 2014

Maryland: Fisher labels Democrats 'tyrants' - Southern Maryland News

Date: July 28, 2014

Michigan: Questions surround the value of lower unemployment rate | The Detroit News

Date: July 28, 2014

New Jersey: Income tax cut would help all, spur new business | Mount Olive Chronicle Letters To The Editor

Date: July 28, 2014

Ohio: Peterson, Hood endorsed by NFIB

Date: July 28, 2014

Tennessee: Ed Jackson uses business sense, endurance in Senate race | World News Update

Date: July 28, 2014

Massachusetts: Unions gaining power | The Boston Globe

Date: July 28, 2014

Kansas: Shultz has the right skills to be Kansas Insurance Commissioner | Hays Post

Date: July 28, 2014

Missouri: Incumbent tops crowded field in northern Missouri race | The Kansas City Star

Date: July 28, 2014

Economists worry rising wages may catch the Fed off guard | Reuters

Date: July 28, 2014

Wages may be growing at a faster clip than envisaged by U.S. policymakers, with a recent raft of business surveys showing an increase in the number of companies raising compensation. One closely watched wage growth measure, a gauge produced by the National Federation for Independent Business, has reached a seven-year high. A turn in this index, which began moving up late last year, historically has been followed by a pick-up in wage growth nine months later. That and evidence of a tightening labor market has some economists worried the Federal Reserve may miss the signs of accelerating wage growth and end up with an inflation problem.

Is A Gap In Small-Business Credit Holding Back The American Economy? | Forbes

Date: July 28, 2014

In addition, most major surveys of small business owners point to credit access being more difficult during the five years since the recession. The National Federation of Independent Businesses (NFIB) survey does indicate that not all small businesses have historically been pleased with their access to credit markets, even during the growth period of the late 1990s. But, this data also suggests that small businesses feel that credit access remains tighter today than in the prior recovery, with fewer small businesses reporting that their credit needs are being satisfied.

Economists Worry Rising Wages May Catch the Fed Off Guard - NYTimes.com

Date: July 28, 2014

The NFIB gauge is closely correlated with the government's employment cost index, a broad measure of wage growth and one of Yellen's favorite indicators.

Colorado: The Brush News-Tribune quoted State Director Tony Gagliardi on CO governor GOP nominee Bob Beauprez.

Date: July 28, 2014

Kansas: NFIB endorses Mike Pompeo for re-election | Election 2012

Date: July 28, 2014

Economists worry rising wages may catch the Fed off guard | baltimoresun.com

Date: July 28, 2014

Wages may be growing at a faster clip than envisaged by U.S. policymakers, with a recent raft of business surveys showing an increase in the number of companies raising compensation. One closely watched wage growth measure, a gauge produced by the National Federation for Independent Business, has reached a seven-year high. A turn in this index, which began moving up late last year, historically has been followed by a pick-up in wage growth nine months later. That and evidence of a tightening labor market has some economists worried the Federal Reserve may miss the signs of accelerating wage growth and end up with an inflation problem.

New York: RBA guest speaker: “Start Up New York” hurts small business | The Rockland County Times

Date: July 28, 2014

Best Benefit Ever: Cheaper, Easier Background Checks from NFIB |Associations Now

Date: July 28, 2014

The National Federation of Independent Business (NFIB) has partnered with Trak-1, a company that helps employers bolster their screening process for possible new hires. The Trak-1 system screens for education and employment verification, criminal history, driving records, and so on. NFIB members receive a 50 percent discount on the $50 onboarding fee, a 34 percent savings on Standard Screening Packages, and more discounts in areas such as employment history and federal court records.

Colorado: Denver Post quotes NFIB state director Tony Gagliardi on the candidates for Colorado governor.

Date: July 28, 2014

Colorado: Business leaders ask Polis to drop local control initiatives | KDVR Fox 31

Date: July 28, 2014

Illinois: NFIB “will lead the fight” against Rauner service tax | Capitol Fax

Date: July 28, 2014

Indiana: Patricia Wyant, NFIB member, announced candidacy for Nappanee mayor | Elkhart Truth

Date: July 28, 2014

Did the White House Forget About Small Business? | Morning Consult

Date: July 22, 2014

The rise in health care costs has long been a concern for small business and the ACA has done nothing to alleviate those fears. Today, millions of small business owners and the Americans they employ are facing more expensive health care coverage and fewer plan options. Factor in the ongoing delay of the Small Business Health Options Program (SHOP) exchanges in 18 states, now on hold until 2016, and it’s no wonder business owners are finding it nearly impossible to plan for their health insurance future. Furthermore, states have had varied responses to the CMS guidelines on whether and how long small businesses may extend non-ACA compliant policies. The variation between states fragments the system and leaves small business owners with more questions than answers. Unfortunately, it seems even the administration does not have the answers. When asked for basic information on how many small business owners have enrolled in the SHOP exchanges, as House Small Business Committee Chairman Sam

Shawnee Heights High School Student, Entrepreneur Receives Scholarship from NFIB | WIBW.com

Date: July 22, 2014

Zach Haney, a senior at Shawnee Heights, was recognized with the Dan Danner Leadership Award in Washington D.C

California, Kansas, and lessons about taxes | MSNBC

Date: July 22, 2014

“It hurts small business and kills jobs,” warned the Sacramento Taxpayers Association, the National Federation of Independent Business/California, and Joel Fox, president of the Small Business Action Committee.

Increasing Numbers Of Business Economists Confirm Wage Growth Is Happening | Business Insider

Date: July 22, 2014

The National Federation of Independent Business (NFIB) survey's compensation index is hovering at a six year high. This index has been trending higher since late 2013 and is closely correlated with a broader measure of wage growth. Read more: http://www.businessinsider.com/r-nabe-survey-points-to-rising-us-wage-pressures-2014-21#ixzz38D9GZot2

Is a Gap in Small-Business Credit Holding Back the American Economy? - eWallstreeter

Date: July 22, 2014

In addition, most major surveys of small business owners point to credit access being more difficult during the five years since the recession. The National Federation of Independent Businesses (NFIB) survey does indicate that not all small businesses have historically been pleased with their access to credit markets, even during the growth period of the late 1990s. But, this data also suggests that small businesses feel that credit access remains tighter today than in the prior recovery, with fewer small businesses reporting that their credit needs are being satisfied.

Job Growth Drives Economic Recovery | Jerry Jasinowski for Huffington Post

Date: July 22, 2014

The National Federation of Independent Business said that in June some 26 percent of small businesses had job openings they could not fill.

Arizona: Phoenix ranks fifth best city for small business by NFIB | AZcentral.com

Date: July 22, 2014

California: NFIB will be attending a small business forum in Yuba City with North State Assemblyman and Chief Republican Whip, Dan Logue. | eTerritorial Dispatch

Date: July 22, 2014

Rhode Island: NFIB says R.I. child-care workers can opt out of union | Providence Journal

Date: July 22, 2014

Tennessee: Williamson House race heats up with AFL-CIO endorsement, Casada gets NFIB endorsement | The Tennessean

Date: July 22, 2014

NABE, NFIB Surveys Point to Rising U.S. Wage Pressures - NYTimes.com

Date: July 21, 2014

Small business surveys point to rising U.S. wage pressures: Thomson Reuters Business News - MSN Money

Date: July 21, 2014

The National Federation of Independent Business (NFIB) survey's compensation index is hovering at a six year high. This index has been trending higher since late 2013 and is closely correlated with a broader measure of wage growth.

Bernanke Pitched A Gem, Yellen Needs To Raise Rates For The Save

Date: July 21, 2014

Strength in the labor market is manifested in other areas as well. Average hourly earnings of workers in private industries are growing at about a 2.5% clip, which is above the Fed’s 2.0% Core PCE inflation target. The median usual weekly earnings growth rate of U.S. workers is now above the pre-crisis growth rate at just under 3%. The National Federation of Independent Business (NFIB) survey of companies shows a large number of companies surveyed saying that they plan to raise worker compensation in the near future. Further, the actual business sector unit labor costs rate of change has spiked sharply higher from 0% in 2012 to nearly 7% today.

llinois: Crain’s Chicago Business quoted State Director Kim Maisch on GOP gubernatorial nominee Bruce Rauner.

Date: July 21, 2014

Louisiana: NFIB-endorsed Jeff Thompson to run for District Court Judge - ArkLatexHomepage.com

Date: July 21, 2014

Massachusetts: Small business groups in Massachusetts protest mandated health benefits - Boston Business Journal

Date: July 21, 2014

Michigan: Term-limited reps pursue new life in state Senate | Crain's Detroit Business

Date: July 21, 2014

Minnesota: Mills endorsed by NFIB | Northlands News Center

Date: July 21, 2014

New York: The Times Union quoted State Director Mike Durant on a state Department of Labor letter sent on unemployment insurance

Date: July 21, 2014

Tennessee: Small business endorses John Ragan in House District 33 | Oakridge Today

Date: July 21, 2014

U.S. Small Businesses Hit Hardest by Skills Gap | FINANCIAL SENSE

Date: July 21, 2014

The same reality shows up in regular polling of constituents by the National Federation of Independent Business (NFIB), a small-business advocacy group. Their data show that the proportion of business owners reporting that they can’t find qualified applicants has been trending steeply upward since the end of the recession. Small businesses tend to be particularly hard-hit by this kind of shortage, since they don’t have the recruitment strength of larger employers. Qualified workers are also more hesitant to apply for positions with smaller companies, especially with the memory of a severe economic downturn — they want the security that comes from working for a bigger employer.

Arizona: Phoenix Earns High Marks From NFIB | Sonoran Alliance

Date: July 21, 2014

NFIB names Phoenix as a top U.S. city for small business - Phoenix Business Journal

Date: July 21, 2014

Arizona: Phoenix ranked among top 5 cities for small businesses by NFIB - ktar.com

Date: July 21, 2014

Business Group Endorses Mills for Congress | WDIO.com -

Date: July 21, 2014

New Jersey: NFIB-endorsed MacArthur calls for ending estate tax during business visit - Burlington County Times: Burlington County

Date: July 21, 2014

South Carolina: Sheheen, Haley campaign spar over small business | The-Dispatch.com

Date: July 21, 2014

Must-know: Key economic indicators releases in the past week, including NFIB » Market Realist

Date: July 21, 2014

West Virginia: Why Natalie Tennant Can't Win as Shelley Moore Capito Picks Up NFIB Endorsement | RedState

Date: July 21, 2014

Arizona: Phoenix ranked top five city for creating small businesses, national group says | ABC15 Arizona

Date: July 21, 2014

New York: "One of the biggest open secrets in Albany is that toll hikes are coming" says NFIB director | The Buffalo News

Date: July 21, 2014

New York: TWC News featured NFIB State Director Mike Durant

Date: July 21, 2014

Ohio: NFIB Member Hosts Kasich for Governor Event | cleveland.com

Date: July 21, 2014

Wages to Rise -- But More for Some Than Others, Says NFIB Data | Kiplinger

Date: July 21, 2014

Arizona: Heather Carter can’t seem to quash her opposition, ranked dead last by NFIB - Phoenix Crime | Examiner.com

Date: July 21, 2014

Arkansas: Small-business group endorses Cotton | Arkansas News

Date: July 21, 2014

Business group’s monthy Optimism Index dips | The Pueblo Chieftain

Date: July 21, 2014

Massachusetts: Small business groups in Massachusetts protest mandated health benefits - Boston Business Journal

Date: July 21, 2014

Ohio: Small-business group endorses Kasich-Taylor in Lima | LimaOhio.com

Date: July 21, 2014