Survey: Small biz optimism took a dive in November
Hong Kong - Real estate agency (2011) by Luca Assen
License (according to Flickr): Attribution License
License (according to Flickr): Attribution License
NEW YORK-- Small business owners expanded more pessimistic in November after the presidential election and Superstorm Sandy, according to a survey launched Tuesday. The National Federation of Independent Business said its index of small-business optimism dropped 5. 6 points last month to 87.5. The index was compiled from a survey of 733 NFIB members taken throughout November. NFIB Chief Economist William Dunkelberg said the biggest drag on the index was owners' expectation that business conditions will be worse six months from now. The number of owners anticipating better times ahead fell 37 points. Almost half the owners reviewed are now pessimistic about the future. Almost a quarter of the owners said bad sales were their biggest problem. Dunkelberg said owners in the states struck by Sandy were a little more pessimistic than in the rest of the nation.
People:
William Dunkelberg
Overall Sentiment: 0.0743607
Relevance: 0.84824
Superstorm Sandy
Overall Sentiment: -0.635155
Relevance: 0.841988
Additional Info:
City: NEW YORK
Overall Sentiment: -0.415087
Relevance: 0.507148
Disambiguation: References:
Organization: NFIB
Overall Sentiment: 0
Relevance: 0.694858
Organization: National Federation of Independent Business
Overall Sentiment: 0.268257
Relevance: 0.66405
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Survey: Small biz optimism took a dive in November
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- business
- election results
- national federation of independent business
- owners surveyed
- Presidential election
- small business owners
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Small business owners grew more pessimistic in November after the presidential election and Superstorm Sandy, according to a survey released Tuesday.
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