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Tuesday, March 10, 2020

NFIB small business optimism tops estimate

The NFIB Small Business Optimism Index in the US jumped to 104.3 in January of 2020 from 102.7 in December, beating market forecasts of 103.4. January's reading was within one of the top 10 percent higher of all figures. 6 of the 10 index components improved, two declined, and two were unchanged, wiith the uncertainty index edging up slightly. Owners expecting better business conditions dipped slightly, but sales expectations and earnings trends improved significantly.

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