Inflation and labor shortages continued to put pressure on small businesses as the Small Business Optimism Index in December remained below its pre-pandemic level, up only 0.5 points to 98.9, according to a report from the National Federation of Independent Business on Tuesday. Nearly a quarter, or ... READ MORE >
NFIB
CHART OF THE DAY: Small business optimism fades and wage stagnation hits employees
The National Federation of Independent Business compensation index points toward wage stagnation as small firms adjust to an impaired U.S. economy. Similar to what occurred following the Great Recession, we expect wage stagnation to characterize the compensation outlook for some time. Even essential ... READ MORE >