The Hill News

On Tuesday, the National Federation of Independent Businesses (NFIB), a small business advocacy group, released their monthly small business optimism index. As expected, the index dropped for the third consecutive month. The report of more than 700 randomly sampled small businesses in NFIB’s membership signaled that our nation’s most robust job creators are struggling as they fight their way through our nation’s sluggish recovery.

NFIB chief economist Bill Dunkelberg summarized the report by saying, “Corporate profits may be at a record high, but businesses on Main Street are still scraping by. Washington is throwing misdirected policies at the problem, offering tax breaks for hiring and equipment investment, but acting surprised when they don’t bear any fruit.”

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