1/14, 11:56 AM (Source: TeleTrader)
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US small business optimism declines in December

The National Federation of Independent Business (NFIB) said on Tuesday that its index measuring optimism among small enterprises decreased in December, but remained on historical highs. According to the report, the NFIB Small Business Optimism Index was down at 102.7. The figure compares to 104.7 recorded in the month before.

Meanwhile, the NFIB Uncertainty Index was up by eight points to 80 in December.

NFIB chief economist William Dunkelberg stated: "December marked the end of another banner year for the small business economy, as owners took full advantage of strong consumer spending, and federal tax and regulatory relief. 2020 is starting out with a solid foundation for continued growth, two years into the Tax Cuts and Jobs Act that’s providing fuel to grow small businesses and their workforce."

Breaking the News / VP