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In January, uncertainty increased between American small trade owners, while optimism was high, according to it A new survey From the National Federation of Independent Business (NFIB).
The group’s uncertainty index rose 14 points to 100 points last month, the third highest record reading.
Short business optimism index Also took a little dip. According to the NFIB survey, it remained at 102.8 till January.
People with face masks run on the last restaurant on Patchog, NY, July 11, 2020 on Main Street. (Steve PFOST / NewsDay RM Getty Image / Getty Image)
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While it represented a 2.3-point fall in optimism on a monthly basis, it still exceeded an average of 51 years of 98. In December, the small trade optimism index hit a six -year high.
In January, a seasonally adjusted pure 47% small business owners expected expectations for expectations. economy According to the survey, improvement. It dropped five points.
Meanwhile, 17% indicated that they were rapidly saying about the expansion, saying that according to NFIB, “a large extent” was a “good time” to do so.
“Overall, small business owners remain optimistic about future business conditions,” NFIB Chief Economist Bill Dankeberg said in a statement, but uncertainty is increasing. ” “Hiring challenges continue to disappoint the main road owners as they struggle to find qualified workers to fill many of their open positions. Are.”
The survey showed that more than a third of small business owners said they were facing difficulties in inauguration in their companies in January.
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Surveyed were looking to bring more than half the owners New workers On board in its small businesses in January. Many of them – 90% – “some or any qualified applicants were not getting,” NFIB said.
On May 5, 2023 at Miami, Fla, a “hiring” symbol was posted at the business window looking to hire workers. (Joe Redal / Getty Images / Getty Images)
Labor quality and Inflation was tied According to NFIB in January, as “single is the most important problem for business”. Eighteen percent of small business owners quoted any of those people as their main issue, with the stock pointing to the quality of labor, which posts one-point fall from the earlier month.
Inflation measured by the consumer price index increased in 0.4% a month and 2.9% in December, according to the Bureau of Labor Statistics.
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When it came capitally, the owners of the seasonally adjusted 22% of small businesses want to invest in the coming six months, NFIB also found. This part fell seven points.
According to the survey, about 58% said capitally in the last half year.
