Optimism Plunged: December 2012 NFIB Small Business Economic Trends Report
The NFIB Small Business Optimism Index declined 5.6 points, one of the largest declines in survey history, explains Holly Wade of the NFIB Research Foundation, with the election and Hurricane Sandy two of the driving forces. What is quite clear from the data is that the election was the primary cause of the decline in owner optimism, not the hurricane, although hurricane effects were apparent. 2:41
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