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The confidence of the small business goes into June



After rising for four months, confidence in the economy of small business owners was reduced in June.

The Small Business Optimism Index had a June 103 reading, down 1.7 points from the previous month, according to the National Federation of Independent Business.

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NFIB said the levels of uncertainty increased as expectations of sales gains and general business relationships failed.

The reported point of inflationary pressures possibly due to tariffs can cause some businesses to raise their sales prices.

Overall, six components of the index fell in June, three were improved and one was unchanged.

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The survey results are based on answers from 606 small business owners last month ̵

1; showed net percentage of owners expecting higher sales volume fell 6 points to 17 percent of owners, the weakest reading since September 2017, except government shutdown earl this year.

The report noted that job placement slowed in June.


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