SniperFire
Senior Member
WASHINGTON (MNI) The following is the text of the National
Federation of Independent Business monthly Small Business Optimism
index published Tuesday:
In a disappointing reversal of several months of slow but positive
growth, Junes Index of Small Business Optimism dove three points,
falling to 91.4. The decline is significant, and relinquished the gains
achieved earlier this year. Only one of the ten Index components
improved
All in all, this months survey was a real economic downer, said
NFIB Chief Economist William Dunkelberg. The economy has definitely
slowed; job growth will be far short of that needed to reduce the
unemployment rate unless lots of unemployed leave the labor force-no
consolation. Taxes remain a top concern for the small-business
community. With the Supreme Courts endorsement of the individual
mandate as a tax in its health care decision, we will have to wait for
Julys survey to realize the effect it will have on small-business
confidence. With over 20 new taxes contained in the law-a price-tag of
$800 billion-and most of the regulations yet to be written by HHS, the
implications for employee costs remain unclear. Uncertainty reigns
supreme for much of Main Street.
US NFIB Survey: June Optimism Index -3.0 to 91.4 – Text | ForexLive
No jobs until the asshole Leftists are removed from power in Washington, peeps.
Federation of Independent Business monthly Small Business Optimism
index published Tuesday:
In a disappointing reversal of several months of slow but positive
growth, Junes Index of Small Business Optimism dove three points,
falling to 91.4. The decline is significant, and relinquished the gains
achieved earlier this year. Only one of the ten Index components
improved
All in all, this months survey was a real economic downer, said
NFIB Chief Economist William Dunkelberg. The economy has definitely
slowed; job growth will be far short of that needed to reduce the
unemployment rate unless lots of unemployed leave the labor force-no
consolation. Taxes remain a top concern for the small-business
community. With the Supreme Courts endorsement of the individual
mandate as a tax in its health care decision, we will have to wait for
Julys survey to realize the effect it will have on small-business
confidence. With over 20 new taxes contained in the law-a price-tag of
$800 billion-and most of the regulations yet to be written by HHS, the
implications for employee costs remain unclear. Uncertainty reigns
supreme for much of Main Street.
US NFIB Survey: June Optimism Index -3.0 to 91.4 – Text | ForexLive
No jobs until the asshole Leftists are removed from power in Washington, peeps.