Gloom on Main Street: Sour Grapes or Warning Sign?

Photograph by Seth Joel

Small business owners’ expectations for the economy dropped sharply in November, as measured by the National Federation of Independent Business’s monthly survey of members, and the group blames the decline squarely on the election. “Nearly half of owners are now certain that things will be worse next year than they are now,” NFIB economist Bill Dunkelberg wrote in a report released on Dec. 11. “Washington does not have the needs of small business in mind.”

To continue reading this article you must be a Bloomberg Professional Service Subscriber.