U.S. small business confidence drops in September
U.S. small business optimism fell in September as more owners said they expected a slowdown in profits and sales, tightening credit conditions and a harder time filling job openings, according to a survey released on Tuesday.
The survey suggests weaker job creation as those surveyed said they planned to hire fewer workers and spend less on capital investments.
“Overall, no progress, still stuck in a rut that has been difficult to escape with so little progress on the issues important to small business owners,” NFIB chief economist William Dunkelberg said, referring to the survey results.
Source: Reuters- U.S. small business confidence drops in September