Data out a few moments ago
- 95.2 prev
Says the NFIB:
The overall Index dropped 1.3 points in January and now stands at 93.9, which is well below the 42-year average of 98. Last month the sharp increase of owners expecting their
real sales to improve did not materialize and this month it dropped by 4 points
to 3 %.
Owners expecting better business conditions in the next six months
dropped an additional 6 points after plunging 7 points last month, winding up at
a dismal net negative 21%. Actual spending and hiring numbers held up
pretty well and even though job creation fell, it maintained a respectable level
for this recovery. More owners reported cutting average prices than raising
them. Reports of higher compensation and hard-to-fill jobs rose to expansion
high levels."
A mixed bag but all to throw into the FOMC mix
