The net percent of owners raising average selling prices also decreased three points to a net 29 percent seasonally adjusted. Through the survey of business owners, inflation and labor quality were tied as the top small business concerns, with 24 percent of owners reporting each as their single most significant problem. The National Federation of Independent Business’ Small Business Optimism Index increased 1.6 points in June to 91.0, marking a continued forward momentum in the business environment for Florida’s small businesses. Despite a healthy business outlook, operators report fears related to lingering inflationary rises in expenditures.
The measure increased by 1.6 points in June to 91.0, marking a continued forward momentum in the business environment for Florida’s small businesses.Levels of optimism among small business owners in Florida are rising, according to The National Federation of Independent Business’ Small Business Optimism Index.Not seasonally adjusted, 38 percent expect deterioration and only 9 percent expect improvement. The net percent of owners expecting better business conditions in six months was a negative 22 percent, up 4 points from August, but 32 percentage points lower than January. In fact, poor sales has been the top business problem for small-business owners for the past three years. Twenty-eight percent of small-business owners reported that poor sales is still their top business problem. If consumers fear the path we are on, then ‘less is more’ policies that reduce the size of government will increase confidence.” The key to economic recovery is restoring the confidence of consumers only then will small businesses begin to see the sales they need to expand. “Promising temporary tax cuts financed by permanent income tax increases will not help many small-business owners who pay taxes based on personal-not corporate-tax rates. “An increase in consumer spending would be the best imaginable stimulus right now, not gimmicky Washington policies,” said NFIB Chief Economist Bill Dunkelberg. Similarly, owners expecting better business conditions in six months increased modestly, but this reading also remained negative. However, NFIB’s chief economist cautions that in spite of this uptick, there is little among the 10 Index components that can be considered “positive.” Reports of owners expecting real sales to improve were higher than last month, but were still negative. WASHINGTON, Octo– Small-business optimism gained 0.8 points in September, according to the National Federation of Independent Business’ (NFIB’s) latest Index, ending a six-month decline. Small-Business Confidence Sees Modest Gain: The Start of a Trend, or a Blip? However, the NFIB warns that this isn't anything to get too excited about. It often indicates a user profile.Įxpectations for sales improved from last month, but are still unfavorable. Account icon An icon in the shape of a person's head and shoulders.
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