Small-biz optimism in US at three-month low
The National Federation of Independent Business index slipped 0.8 point to 97.9, according to data released on Tuesday. Six of the 10 components that make up the gauge declined, while three rose and one held steady. The net share of owners who expect business conditions to improve declined 4 percentage points to a four-month low of 6%. Persistent price pressures continue to weigh on small businesses as conflicts in West Asia and Europe keep energy costs high.