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NFIB Index Shows a 32nd Consecutive Month Below 50-year Average
NFIB Index Shows a 32nd Consecutive Month Below 50-year Average
September 10, 2024
NFIB Index Shows a 32nd Consecutive Month Below 50-year Average
- The frequency of reports of positive profit trends was a net negative 37% (seasonally adjusted), seven points worse than in July and the lowest since March 2010.
- Twenty-four percent of owners reported inflation as their single most important problem in operating their business, down one point from July.
- The net percent of owners expecting higher real sales volumes fell nine points in August to a net negative 18% (seasonally adjusted).
- A seasonally adjusted net 20% plan to raise compensation in the next three months, up two points from July.

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