By Doug Short (Guest Post)
The latest issue of the NFIB Small Business Economic Trends is out today (see report). The September report for August shows a substantial decline in the overall index number, so much so that Chief Economist William Dunkelberg and Policy Analyst Holly Wade grimly refer to it as the Small Business PESSImism Index. Here is the opening summary in the PDF version of the report (download here): Confidence in the future of the economy crashed in August, taking the Small Business PESSImism Index down 1.8 points to 88.1. This was the sixth monthly decline in a row. The…
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