NFIB Survey Show Small Business Owners Slowly Gaining Confidence
The National Federation of Independent Business (NFIB) has released their latest survey of business owner confidence. It shows a continuing trend of improvement, though it remains stubbornly low.
We suspect that there is correlation between this sentiment and the lack of businesses on the market. Of course, since the supply is low, and demand remains high (especially from private equity investors), owners of solid, growing businesses have some pricing power in an otherwise tepid market.