US Small Business Confidence Dips as Future Expectations Dim

Image Source :- Google images

According to a report from the National Federation of Independent Business (NFIB), small business confidence in the United States decreased slightly in March

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due to dimming expectations for the future.

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While small business owners are still optimistic about the current state of their business,

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they are becoming more cautious about the economic conditions in the months ahead.

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The NFIB’s optimism index, which measures small business confidence, fell by 0.2 points to 98.2 in March.

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This decline comes after a significant increase in the index in February, when it rose by 0.8 points to 98.4.

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The report also found that small business owners are becoming more concerned about labor shortages,

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with 42% of respondents saying they had job openings they couldn’t fill. This marks a new high for the survey,

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surpassing the previous record of 40% set in November 2018.

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The shortage of qualified workers has become a significant issue for many small businesses, particularly in the service and construction industries.

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[{"selector":"#anim-9fcebf01-d4b1-4f6a-a497-bbd0a5120a35","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5125a72b-f4fc-4e82-8bca-bc357d8f5750","keyframes":{"transform":["translate3d(0px, 59.28633%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4378909f-c39b-48f7-b1b1-68b80e3e7db0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e06397e2-213e-40b0-84a5-f6534c6d004f","keyframes":{"transform":["translate3d(0px, 386.32461%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-900a0dca-f12a-4a93-a124-266e083b599b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Image Source :- Google images Read More

Call for Competition & Transparency in Aviation Ground Handling

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