Survey: Biz Owners Stayed Cautious Before Election
NEW YORK (AP) â¿¿ Small business owners remained cautious in October as they awaited the outcome of the presidential election.
That's the finding of the National Federation of Independent Business, which Tuesday released the results of a monthly survey of its members. It showed little change from September's results.
The NFIB's index of owner optimism rose 0.3 point to 93.1. It has fluctuated in a narrow range since the recession officially ended in June 2009.
The survey shows that owners grew more uncertain about how business will be six months from now. It also shows that hiring plans were unchanged: Just 4 percent of those surveyed planned to hire.The survey was completed a week before the election. November's survey is likely to show whether the election results lifted owners' optimism.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV