NFIB Data Reveals Declining Small Business Optimism in September
· Texas Border Business
The NFIB Small Business Optimism Index fell by 0.8 points in September, reaching 97.9, slightly below the 52-year average of 98.0. The Uncertainty Index increased by 1 point to 90, significantly above the historical average of 68. Labor quality and availability remain the primary concern for small business owners for the third month in a row, with 26% citing it as their top issue. Inflation is the second major concern, reported by 20% of owners. Expectations for improved business conditions have declined, with only 7% of owners believing it's a good time to expand their business.
AI summary · Source: Texas Border Business →
