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New Jersey Small Business Optimism Dips in August

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the staff of the Ridgewood blog

Trenton NJ, the NFIB Small Business Optimism Index fell by 2.5 points in August to 91.2, erasing all of July’s gain. This is the 32nd consecutive month below the 50-year average of 98. The Uncertainty Index rose to 92, its highest level since October 2020. Inflation remains the top issue among small business owners, with 24% of owners reporting it as their top small business operating issue, down one point from July.

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Small Business Uncertainty Spikes in Latest National Federation of Independent Business Poll

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the staff of the Ridgewood blog

TRENTON NJ,  at first glance not much has changed in the latest monthly poll of the nation’s small business owners published by their leading advocacy association, the National Federation of Independent Business (NFIB). Inflation remains the top concern, but one component, the Uncertainty Index, rose an alarming nine points to 85, the highest reading since November 2020.

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