NFIB: Small-business optimism index declines by record amount

THE NFIB's Small Business Optimism Index posted its largest month-to-month decline in the index's history from February to March. / COURTESY NATIONAL FEDERATION OF INDEPENDENT BUSINESSES
THE NFIB's Small Business Optimism Index posted its largest month-to-month decline in the index's history from February to March. / COURTESY NATIONAL FEDERATION OF INDEPENDENT BUSINESSES
PROVIDENCE – The National Federation of Independent Businesses’ Small Business Optimism Index fell 8.1 points in March to 96.4, the largest monthly decline in the survey’s history, the organization announced on Tuesday. The decline, due to the economic impacts of the COVID-19 pandemic, saw nine of 10 components of the index decline month to month.…

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