Small Business Confidence Declines in August

According to CFIB's Business Barometer® Index , small business confidence for August fell for the third consecutive month to 64.9 last month, down from 65.7 in July. The 2010 peak was reached in March when the index was at 69.9. An index result that exceeds 50 indicates that owners expect their business to grow in the following year. The figure is significantly higher that it was at the end of 2008, when it was below 40.

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