Small Business Optimism Drops 1.8 Points in July

Small business optimism declined 1.8 points in July on the Small Business Optimism Index, the National Federation of Independent Business reports. The Index is at a level of 98.8, near the survey’s historical average, according to NFIB.

NFIB’s Uncertainty Index jumped 7 points during the month.

“Owners continue to temper their expectations of future economic conditions as the COVID-19 public health crisis is expected to continue,” NFIB stated.

The full NFIB report can be found here.