From the Wall Street Journal Market Watch
WASHINGTON (MarketWatch) — U.S. small-business owners were more pessimistic in March than in February, according to a survey of companies released Tuesday by the National Federation of Independent Businesses.
The NFIB’s index fell to an eight-month low of 86.8 from 88, with only one of 10 components improving. The index has been below 90 for 18 consecutive months now, having hit a cyclical low of 81 in March 2009.
“Something isn’t sitting well with small-business owners,” said Bill Dunkelberg, chief economist for the small-business lobbying group. “Poor sales and uncertainty continue to overwhelm any other good news about the economy.”
———
The NFIB survey may be reflecting political — not economic — angst, said Tony Crescenzi, a strategist for Pimco. Government policies, which have favored small business for a decade, have turned more negative, he said.
Click link above for full article. NFIB article HERE