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Daily Forecast Update: October 12, 2010
1. Daily Economic Update
October 12, 2010
For small businesses, economic conditions continue to
provide challenges, marked by weak employment, low
capital layouts, slow sales, and tight lending.
The NFIB Research Foundation Index of Small Business
Optimism increased 0.2 points in September, to 89.0. An
index value of 100.0 indicates a market in balance. Last
month’s figure points to continuing recessionary
conditions for small businesses.
The index comprises several components—labor markets,
capital spending, inventories and sales, inflation, credit
markets, and profit and wages. Most of the components
posted low values.
Produced by NAR Research
