May 23, 2018  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Small Business News for Entrepreneurs

 

Small Business Startup News

 

Optimism Among Small Business Owners Falls In December

Written by Ken Gaebler
Published: 1/11/2011

Latest indications reveal an unexpected drop in confidence following a period of optimism in the small business sector.

After scores of surveys reporting positive small business news, the most recent Index of Small Business Optimism from the National Federation of Small Businesses has found a surprising drop in confidence.

Entrepreneur Startup Office

According to the index, which was released Tuesday, small business optimism dropped by 0.6 points in December, from 93.2 in November to 92.6. This most recent finding comes as a disappointment to many analysts who had hoped that confidence would be boosted by a record-breaking holiday shopping season.

However, expectations were foiled by weak sales, stagnant hiring and low spending on capital projects, the NFIB writes.

"The hope for a pick-up in the small business sector did not materialize, but new weaknesses did not appear either," said William C. Dunkelberg, chief economist for the National Federation of Independent Business. "Overall, owners remain stubbornly cautious and uncertain about the future course of the economy and their business prospects."

This was the first time in four consecutive months that the index fell. It has remained below pre-recession levels for the past 36 months.

Have Friends Who Might Like This Article?

Tweet via @gaeblerdotcom Share this on Twitter

Let them know on LinkedIn

Ready to Learn More? We Think You Might Like These Articles:

 


About Our Breaking Small Business News

If you enjoyed this article, you can find plenty more like it on our site. We cover important news stories for entrepreneurs. In addition to breaking news for entrepreneurs, we also have tons of how-to articles that cover topics like writing a business plan, preparing a marketing plan, selling a business and much more.

 

 

Additional Resources for Entrepreneurs

Help for Native American Entrepreneurs

Resources for Gay Entrepreneurs

Businesses for Sale

Online Entrepreneur Tools

Economics

Lists of Small Business Incubators

Lists of Angel Investors