The National Federation of Independent Businesses [NFIB] publishes a chart and the supporting data from their periodic polling results of their members. Here is the latest:
Optimism ratings below the 90 level are quite rare. The only two previous occurrences took place in 1980 and at the height of the 2008-2009 credit/stock market/liquidity crisis.
The good news? Generally, these extremely harsh feelings of business pessimism tend to occur near economic bottoms as they are lagging indicators of what’s already happened.
Hopefully, we’re close to that turning point again.
Our political leaders are NOT helping small businesses in any of their legislative activities.
Disclosure: None
