Looks Like We’re About To Repeat 1929 All Over Again

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by Assorted_Education_

Looks like it’s about to get like in 1929 again. Fasten your seat belts.

Small Businesses Optimism Lowest Level Ever

Small business owners do not expect much improvement in economic conditions over the next six months.

The share of business owners expecting better conditions over the next six months fell by one point in April to a net negative 50 percent, the lowest level in the history of the 48-year-old survey, the National Federation of Independent Business said Tuesday.

The NFIB Small Business Optimism Index was unchanged at 93.2 in April, the fourth consecutive month below the average of 98. Thirty-two percent of business owners say inflation in the single most important problem facing their business.

 

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