U.S. Small Business Confidence Edges Lower, Still Near Six-year High
U.S. small business sentiment weakened in June, pulling back from a six-year high because firms felt less confident the economy would improve in the coming months. The National Federation of Independent Business said on Tuesday its Small Business Optimism Index fell 1.6 points to 95 last month. The report said Six of the NFIB’s 10 indicators decreased, with about half of the decline in the overall index due to less confidence in future business conditions. Only two of the index’s 10 components improved last month, with gains in job creation plans and unfilled job openings.
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