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US Small Businesses Stare Down Worst Credit Crunch In Decades
America's small business owners are still "cynical."
That's according to the latest vintage of the NFIB survey, released on Tuesday.
These have felt repetitive for quite a while, and that's not a good a thing considering how generally pessimistic owners have been since the onset of inflation in America.
The headline NFIB print, at 90.1, actually managed to beat estimates, but the index spent a 15th month below the five-decade average.
The outlook remains very poor. A measure of owners' six
It’s obvious, the Fed needs to continue tightening (sarcasm).