Fiscal Cliff Hurts Small Business: Squawk Box Interview with NFIB Economist
The pending fiscal cliff exacerbates uncertainty among small business owners. The NFIB Optimism Index going into 2008 was at a score of 100, yet it currently stands at 93.1 and has never been over 95 during the whole recovery period. When small business owners were asked if conditions will be better 6 months from now, 14% said worst, 19% said better and 23%, a record high, didn’t have a clue. explains Bill Dunkelberg, NFIB's chief economist, on CNBC's Squawk Box,. 4:54
The Fiscal Cliff and small business »