US March NFIB small business optimism index 90.1 vs 90.9 prior

US March NFIB small business optimism index 90.1 vs 90.9 prior

This is the 15th straight month that the index has come below its 49-year average of 98, as business sentiment continues to dawdle to start the new year. NFIB notes that:

“While prospects for the economy continue to dim, the widely expected recession has not yet appeared. Fourth quarter growth was shaded down to 2.6%, inventory accumulation accounted for 60% of the total growth. Weakness in residential construction took 1.2 percentage points off of the growth rate and will continue to be a negative in the first quarter numbers. Hiring plans fell to their lowest level since May 2020.

“There are major uncertainties ahead, most immediate is concern that a banking crisis could develop. This usually results from too many risky loans going bad, including auto and consumer credit. However, the current issue resulted from poor risk management. the Fed

the Fed

“The Fed” is a shorthand that refers to the Federal Reserve or Federal Reserve System, the central banking system of the United States. Traders often discuss the actions of the Fed, primarily interest rate decisions, as they significantly impact all financial markets. The Fed shouldn’t be confused or substituted with the term “the Feds” and doing so tells everyone you’re a total noob. The term “the Feds” refers to US Federal law enforcement, including such agencies as the FBI (Federal Bureau of

“The Fed” is a shorthand that refers to the Federal Reserve or Federal Reserve System, the central banking system of the United States. Traders often discuss the actions of the Fed, primarily interest rate decisions, as they significantly impact all financial markets. The Fed shouldn’t be confused or substituted with the term “the Feds” and doing so tells everyone you’re a total noob. The term “the Feds” refers to US Federal law enforcement, including such agencies as the FBI (Federal Bureau of
Read this Term kept rates too low for too long, encouraging the growth of risky assets. Lots of investments looked good with a 2% cost of funds and bank savings paid virtually nothing.”

US March NFIB small business optimism index 90.1 vs 90.9 prior
Scroll to top