13 Jul 2012 The Importance of Small Business
Posted at 15:43h in The Friday BriefIt was a light week for economic news, but one of the most significant announcements came from the National Federation of Independent Business. It described the latest reading from its small business optimism index as a "significant" decline. Major contributors were poor job creation and consumer confidence, as well as declining capital investment plans and earnings trends. Only 1 in 10 components improved last month, according to Econoday.