With Persistent Inflation, Small Business Optimism Plummets

January 17, 2023

NFIB appears on KZIM-KSIM’s ‘Real Talk with Faune Riggin’ on the latest Small Business Optimism Index

With Persistent Inflation, Small Business Optimism Plummets

CAPE GIRARDEAU (Jan. 17, 2023) – In a conversation with KZIM-KSIM’s Faune Riggin, NFIB State Director Brad Jones discussed the state of small business, as a recent survey found a majority of small business owners anticipate worsening business conditions in 2023, particularly as inflation persists. “[The Small Business Optimism Index] is really significant and important, especially at the end of the year, because it’s sort of a crystal ball as to how owners are feeling going into the next year,” Jones said. “The question I always look at is: ‘Are you expecting better business conditions over the next six months?’ And that went down eight points. For this particular survey, that’s a pretty substantial drop in what small business owners are thinking will happen in 2023.” CLICK HERE to listen to the full interview. CLICK HERE to read the latest NFIB Small Business Optimism Index.

Topics:

Uncategorized

State:

Missouri

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