Small Business Optimism Dips Ahead of Government Shutdown

September Brings Increased Uncertainty and a More Pessimistic Outlook

Source: Economics Group of Wells Fargo Bank, N.A.

Summary

The NFIB Small Business Optimism index fell to 98.8 in September, reversing the gains posted over the previous two months. Although small firms have generally been downbeat for much of the year, the uncertainty index spiked to the highest level since February, suggesting that increased chances of an impending federal government shutdown may have weighed on sentiment.

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