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US Small-Business Optimism Improves for a Third-Straight Month

Mount Equity Group Tokyo Japan > News > Business > US Small-Business Optimism Improves for a Third-Straight Month

Oct. 11, 2022, 10:00 AM

  • NFIB’s September index ticked up to 92.1 on sales expectations
  • Smaller share of owners said they raised selling prices

Optimism among US small businesses edged up in September as firms grew less downbeat about the outlook for sales, while a smaller share said they raised prices.

The National Federation of Independent Business overall optimism index rose 0.3 point to 92.1 last month, the group said in a report Tuesday. Five of the gauge’s 10 components increased. Despite rising for a third-straight month, the measure is historically low.

The survey’s inflation metrics continued to ease. The net share of owners raising prices fell 2 percentage points to 51%, the lowest in a year but still well-elevated. Almost a third of …

Augusta Saraiva

Bloomberg Editorial

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