Small-business optimism fades
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
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Obama’s Clean Power plan doesn’t change much; opponents remain firm
- Greensburg’s Polymer Enterprises is finding success in specialty tire market
- Coal producer Alpha Natural Resources files for bankruptcy
- Labor Department ruling broadens definition of ‘employee’
- Muni bond funds stressed
- Shell shovels millions into proposed Beaver County plant site
- Auto sales strong in July on SUV, luxury demand
- Oil prices slip on persistent fears of glut
- Slump in energy stocks drags down Dow, S&P
- Plummeting natural gas prices slash revenue of Marcellus shale producers
- FirstEnergy to build coal waste processing facility in Beaver County