Confidence amongst small-business householders throughout the US flatlined in Might for a second consecutive month, nonetheless expectations for future enterprise circumstances continued to deteriorate amid persistent inflation and supply shortages.
The NFIB Small Enterprise Optimism Index decreased marginally to 93.1 in Might from 93.2 in April, the underside diploma since April 2020, in accordance with info launched Tuesday by the Nationwide Federation of Neutral Enterprise. The learning is broadly consistent with economists’ expectations in a poll by The Wall Street Journal.
“Small-business householders keep very pessimistic regarding the second half of the 12 months as supply-chain disruptions, inflation and the…
