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The NFIB Small Business Optimism Index decreased to 90.8 in September, reflecting 21 consecutive months below the 49-year average. Small business owners remain troubled by inflation, 23% stating it’s their top operational concern, alongside labor quality. Pessimism about future business conditions and slowed sales growth are driving concerns, leading many owners to consider raising selling prices for financial relief.
To read more about the report and possible ramifications of declining business optimism, click here.
By Rebecca Meiser
Contributor, Commerce + Communities Today and Small Business Center
ICSC champions small and emerging businesses in getting from business plan to brick-and-mortar.
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