![]() ![]() Of those hiring or trying to hire, 91% of owners reported few or no qualified applicants for the positions they were trying to fill.įifty-nine percent of owners reported capital outlays in the last six months, up four points from December, a positive development. The net percent of owners who expect real sales to be higher worsened four points from December to a net negative 14%.Īs reported in NFIB’s monthly jobs report, 57% of owners reported hiring or trying to hire in January.The net percent of owners raising average selling prices decreased one point to a net 42% seasonally adjusted, too high for 2% target.Forty-five percent of owners reported job openings that were hard to fill, up four points from December, remaining historically very high.“Owners have a negative outlook on the small business economy but continue to try to fill open positions and return to a full staff to improve productivity.” “While inflation is starting to ease for small businesses, owners remain cynical about future business conditions,” said NFIB Chief Economist Bill Dunkelberg. Owners expecting better business conditions over the next six months improved six points from December to a net negative 45%. Down six points from last month, 26% of owners reported inflation was their single most important problem in operating their business. The NFIB Small Business Optimism Index increased 0.5 points in January to 90.3, remaining below the 49-year average of 98. ![]()
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