The outlook for small business sales is beginning to decline, historically signaling a challenging macroeconomic environment. The Small Business Optimism Index plummeted to its lowest level in March since December 2012, marking the third consecutive decline and the 50th consecutive month below the 50-year average of 98.
Small biz sales outlook starting to deteriorate…
Historically that's signalled tough macro environment… pic.twitter.com/1jixfDONec
— Longview Economics (@Lvieweconomics) April 10, 2024
Small Business Optimism Index falls to lowest level in more than a decade pic.twitter.com/SDxsdfNSS1
— Win Smart, CFA (@WinfieldSmart) April 10, 2024
The Small Business Optimism Index dropped to its lowest level in March since December 2012. It was the 3rd straight decline and the 50th consecutive month below the 50-year average of 98.
chart @macro84 pic.twitter.com/JdWsKuLB2X
— Daily Chartbook (@dailychartbook) April 10, 2024