Rise in Small Business Optimism Discussed on CNBC | NFIB Video
NFIB economist Bill Dunkelberg explained the factors causing the small business optimism index to rise after a drop in March. Even with the increase, the Small Business Optimism Index remains at historic lows. The 2.6 point increase to 92.1 is just above the recovery average of 90.7. In April’s report, 4 Index components rose, 2 fell and 4 were unchanged. Yet pessimism abounds within the sector, as still far more of those surveyed expect business conditions to be worse in six months than those who think they will be better. 4:26
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