NEW YORK (AP) — Small business owners’ optimism sank again in July as they expected sales to weaken in the coming months, according to a survey released Tuesday.
The National Federation of Independent Business said its index of small business optimism fell 0.2 points to 91.2. The NFIB, which lobbies on behalf of small business owners on issues including taxes and health care, compiles the index from a survey of its members.
The drop in the index was the second in a row. Since it registered 86.5 after the recession ended in mid-2009, it has moved as high as 94.5 in February before starting to drop.