US Small-Business Optimism Drops by Most Since End of 2022
- NFIB’s index decreased two points in January to 89.9
- Share expecting better sales fell by most since mid-2022
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US small-business optimism last month suffered the biggest drop in more than a year, due to deteriorating profits and diminishing sales expectations, according to the National Federation of Independent Business.
The group’s overall index fell 2 points to 89.9, the sharpest monthly slide since December 2022. The share of owners who expect higher real sales volumes slumped 12 percentage points, the most since mid-2022, from a month earlier.