Commentary The most recent survey from the National Federation of Independent Business (NFIB) is sending a strong signal of an economic recession. In 2019, the NFIB survey, combined with an inverted yield curve, suggested an impending recession. In 2020, those signals became a reality. As in 2019, we see many of the same warning signals…
US Small Business Owners Have ‘Dismal View’ of Future as Inflation Woes Continue: NFIB
Optimism among America’s small business owners fell last month, with many of them deeply concerned about the negative effects of inflation, according to the National Federation of Independent Business (NFIB). The NFIB’s Small Business Optimism Index fell 0.8 points to 91.3 in October, which is the 10th straight month the index has remained below the…
California’s Labor Shortages Persist Amid Dropping Unemployment Rate
California’s unemployment rates decreased substantially over the past year according to the latest data from the U.S. Department of Labor, but businesses still face worker shortages. Employment rates have increased in 49 states in the nation, according to an April 15 report (pdf) released by the labor department’s Bureau of Labor Statistics, with California accounting…
US Small Business Sentiment Drops to 11-Month Low: NFIB
WASHINGTON—U.S. small business confidence fell to an 11-month low in January amid persistent worker shortages and higher prices for materials, a survey showed on Tuesday. The National Federation of Independent Business said its Small Business Optimism Index dropped 1.8 points to 97.1 last month, the lowest reading since February 2021. Scarce workers and rising labor…
Businesses Ask Wisconsin Supreme Court to Prevent Governor From Outing Companies With COVID-19-Positive Staff
The largest small-business advocacy group in the country is urging the Wisconsin Supreme Court to block Democratic Gov. Tony Evers from publishing the names of those businesses in the state whose employees have tested positive for the CCP virus, which causes the disease COVID-19. Evers doesn’t have a good track record in these matters in the state’s supreme court….
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