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Small-business Sentiment Edged Higher in August, NFIB Says

Published 09/08/2015, 09:14 AM
Updated 09/08/2015, 09:14 AM

U.S. small business confidence rose modestly in August, suggesting the economy continued to grow at a steady clip halfway through the third quarter. The National Federation of Independent Business said on Tuesday its Small Business Optimism Index gained half a point to 95.9 last month. The NFIB said the survey of 656 businesses had not been impacted much by the recent turmoil in global financial markets, which was triggered by concerns over slowing economic growth in China. Small business owners were slightly optimistic about sales, but did not believe it was a good time to expand. 

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