NFIB Small-Business News (01/12/16)
The National Federation of Independent Business Index of Small Business Optimism rose 0.4 points in December, increasing to 95.2. The index is stuck in a “below average” rut, characterizing the performance of the small business sector. Historically accounting for about half of private gross domestic product, below average growth for small businesses has not been offset by strong growth in large firms. Combined, they are producing 2.5% growth overall. With the manufacturing sector in decline, large firms aren’t likely to add as much to growth in 2016.
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