TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Small-business optimism fades

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

Daily Photo Galleries

By The Los Angeles Times
Wednesday, July 9, 2014, 12:01 a.m.
 

Small-business owners were less optimistic about the economy last month despite reporting their most ambitious job creation plans since 2007, according to a private survey released on Tuesday.

The optimism index from the National Federation of Independent Business fell 1.6 points in June to 95, the first drop in four months. Driving the decline was a steep fall-off in the outlook for general business conditions six months from now.

The net difference between the percentage of owners who expected conditions to get better and those who expected conditions to get worse was negative 10 percent in June. The figure was zero the previous month, meaning small-business owners were evenly split on the question.

Six of the survey's 10 categories showed declines from the previous month, including sales expectations as well as plans for capital spending and inventory expansion.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. First Niagara to cut 200 jobs; Pittsburgh impact unclear
  2. Pennsylvania jobless rate drops to 5.1 percent
  3. Beacons track shoppers’ smartphones amid retailers’ aisles
  4. 8 Western Pennsylvania hospitals penalized over infections
  5. Nonprofit hospitals in Western Pa. feel pain in finances despite Affordable Care Act
  6. Redundant backup systems are keeping nuclear plants safe
  7. Hospital finances still crying ‘ouch’
  8. Stock market makes biggest gain in 3 years
  9. Ford expands air bag recall across U.S.
  10. Online price battle heats up with intraday price fluctuations
  11. FedEx to buy product-return firm Genco in e-commerce push
Subscribe today! Click here for our subscription offers.