The Small Business Optimism Index fell 2.6 points in November to 101.4, according to the National Federation of Independent Business.
The index remains above the 47-year historical average reading of 98.
The NFIB Uncertainty Index decreased 8 points during the month but remains at a historically high reading of 90. Business owners expecting better business conditions over the next 6 months decreased 19 points to a net 8%.
NFIB credited the COVID-19 pandemic and the recent election as factors creating uncertainty for small business owners regarding future business conditions.
The full NFIB report can be found here.
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