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U.S. Small-Business Optimism Hits Two-Year Low Amid Shutdown

Bloomberg business news
Mann Says Another Shutdown May Accelerate Deterioration of U.S. Growth
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Sentiment among U.S. small businesses slumped in January to the lowest level since Donald Trump became president, as the economic outlook weakened amid the longest-ever U.S. government shutdown.

The National Federation of Independent Business’s optimism index fell 3.2 points to 101.2, the lowest since November 2016, according to a report. That’s below the median estimate of economists surveyed by Bloomberg. The net share of companies expecting business conditions to improve in six months declined to 6 percent, the lowest since October 2016 and down from a post-election peak of 50 percent.