That is the twenty fourth straight month that the index stays beneath the 50-year transferring common of 98. NFIB notes that small companies stay very pessimistic concerning the outlook coming into this yr, with 23% of companies reporting inflation to be their single-most essential drawback in enterprise operations – up 1% from November. Including that whereas 2023 is now “within the rearview mirror, it’ll weigh closely on the
2024 economic system”.
This text was written by Justin Low at www.forexlive.com.