NFIB State Director Rosemary Elebash says the latest NFIB Small Business Optimism Index underscores the challenges that continue to face local businesses throughout Alabama. “Small business owners need certainty. They don’t want to invest in new equipment or grow their staffs unless they believe the economy is healthy and likely to stay that way, but global issues like inflation and supply chain disruptions continue to undermine their confidence,” Elebash said. “On top of that, many of our members say they’re still having trouble finding people to work, which is causing them to cut back on the services they provide and their hours of operation.” The NFIB Small Business Optimism Index increased 0.5 points in January to 90.3, remaining below the 49-year average of 98. Down six points from last month, 26 percent of owners reported inflation was their single most important problem in operating their business. Owners expecting better business conditions over the next six months improved six points from December to a net negative 45 percent. ”While inflation is starting to ease for small businesses, owners remain cynical about future business conditions,” said NFIB Chief Economist Bill Dunkelberg. “Owners have a negative outlook on the small business economy […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
