Small Business Optimism Index in U.S. Rises to a Five-Month High

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Confidence among U.S. small businesses rose to a five-month high in October as more companies projected a pickup in sales, a survey found.

The National Federation of Independent Business’s optimism index increased 0.3 point last month to 93.1 from 92.8 in September. Four of the measure’s 10 components contributed to the advance, the Washington-based group said.