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US small business optimism index drops to 100.7 in Feb

Insights

  • US' NFIB Small Business Optimism Index fell 2.1 points to 100.7 in February, with economic outlook concerns rising and uncertainty reaching 104.
  • Labour quality surpassed inflation as the top issue, with 38 per cent reporting unfilled job openings.
  • Net 32 per cent raised prices, while profit trends remained weak.
  • Loan accessibility improved slightly, but uncertainty and inflation pressures persist.
US’ Small Business Optimism Index fell by 2.1 points in February to 100.7, marking the fourth consecutive month above the 51-year average of 98 and is 4.4 points below its most recent peak of 105.1 in December, according to the National Federation of Independent Business (NFIB). The unc...
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