I sense that at least one unhinged leftwinger is going to lose his shit....
100.6 in the middle of a SECOND WAVE of the global pandemic. Up from 94.4.
Obama went over 100 once is 96 months..... lol...
Watch what happens if Biden wins..... #BIDENCOOLEREFFECT.
https://www.marketwatch.com/story/small-business-confidence-climbs-in-june-nfib-2020-07-14
Small-business owners confidence in the U.S. economy rose in June for second consecutive month as the country continued to reopen, data from a survey compiled by the National Federation of Independent Business showed Tuesday.
The NFIB Small Business Optimism Index stood at 100.6 in June, a 6.2 points increase compared with May's reading. Economists polled by Dow Jones Newswires had expected a lower level of 98.0.
The NFIB is a monthly snapshot of small businesses in the U.S., which account for nearly half of private sector jobs. Economists look to the report for a read on domestic demand and to extrapolate hiring and wage trends in the broader economy.
"We're starting to see positive signs of increased consumer spending, but there is still much work to be done to get back to pre-crisis levels," NFIB's chief economist Bill Dunkelberg said in prepared remarks.
Despite the strong gains registered in May and June, the index is still below February's pre-pandemic level of 104.5.
June's results, based on 670 companies polled across the country, saw increases in eight of the 10 index components compared with May.
100.6 in the middle of a SECOND WAVE of the global pandemic. Up from 94.4.
Obama went over 100 once is 96 months..... lol...
Watch what happens if Biden wins..... #BIDENCOOLEREFFECT.
https://www.marketwatch.com/story/small-business-confidence-climbs-in-june-nfib-2020-07-14
Small-business owners confidence in the U.S. economy rose in June for second consecutive month as the country continued to reopen, data from a survey compiled by the National Federation of Independent Business showed Tuesday.
The NFIB Small Business Optimism Index stood at 100.6 in June, a 6.2 points increase compared with May's reading. Economists polled by Dow Jones Newswires had expected a lower level of 98.0.
The NFIB is a monthly snapshot of small businesses in the U.S., which account for nearly half of private sector jobs. Economists look to the report for a read on domestic demand and to extrapolate hiring and wage trends in the broader economy.
"We're starting to see positive signs of increased consumer spending, but there is still much work to be done to get back to pre-crisis levels," NFIB's chief economist Bill Dunkelberg said in prepared remarks.
Despite the strong gains registered in May and June, the index is still below February's pre-pandemic level of 104.5.
June's results, based on 670 companies polled across the country, saw increases in eight of the 10 index components compared with May.
