Small businesses are more pessimistic, NFIB survey shows

07/14/2010 | Bloomberg Businessweek · MarketWatch · Wall Street Journal, The · Reuters

NFIB's Small Business Optimism Index dropped to its lowest level in three months on weak sales and economic uncertainty. The index fell to 89 from May's 92.2, which was the highest point since September 2008. "What businesses need are customers, giving them a reason to hire and make capital expenditures and borrow to support those activities. But consumers are as uncertain about the future as the business owners waiting to serve them," said NFIB Chief Economist William Dunkelberg.

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Bloomberg Businessweek · MarketWatch · Wall Street Journal, The · Reuters

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