Small Businesses Are Hitting The Brakes On Wages And Benefits…(Recovery!)

Tuesday, March 8, 2016
By Paul Martin

Mar. 8, 2016

Small business optimism fell to a two-year low in February, the National Federation of Independent Business said Tuesday. Owners of small firms reported hiring and compensation plans weakening sharply since the end of last year, the latest evidence that labor markets are not as healthy as official government data indicate.

NFIB’s sentiment gauge fell one point to 92.9, the lowest since February 2014 and well below historical norms.

“A ho-hum outcome this month confirms that the small business sector is not performing with any strength,” said NFIB Chief Economist William Dunkelberg.

A net 21% still see the economy weakening, the worst since late 2013. That’s not surprising, given that small firms have reported sales have been falling consistently since June 2012.

The Rest…HERE

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