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Small business optimism falls by the most ever in March, ending a record run as coronavirus worry sets in
1 month ago | By Business Insider
The National Federation of Independent Business optimism index fell 8.1 points in March to 96.4, the largest decline in the survey's history, according to a Tuesday statement.
The report also ended a record 39-month streak of positive small business optimism.
"The COVID-19 outbreak and regulatory responses to curtail its spread shook the small business sector in March," NFIB chief economist William Dunkelberg wrote in the report. "Small business owners' outlook is bleak as they wrestle to adjust quickly to rapidly changing economic conditions."
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