U.S. small-business optimism drops to lowest in 5 months

THE NATIONAL FEDERATION of Independent Business’s index measuring small-business optimism declined 1.6 points to 103.1 in August, its lowest level in five months. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT
THE NATIONAL FEDERATION of Independent Business’s index measuring small-business optimism declined 1.6 points to 103.1 in August, its lowest level in five months. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT
WASHINGTON – Optimism among United States small-business owners fell in August to the lowest level in five months, with the outlook for the economy and sales slumping amid escalating trade tensions and recession fears. The decline of 1.6 points to 103.1 in the National Federation of Independent Business’s index resulted from weaker expectations for businesses…

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