US January NFIB small business optimism index 97.1 vs 97.5 expected

  • Latest data released by NFIB - 8 February 2022
  • Prior 98.9

The index slips to an 11-month low (lowest since February last year) amid persistent worker shortages and higher prices for materials. Supply and capacity constraints being the glaring factors leading to those issues. On the price front, the share of small businesses raising average selling prices jumped to 61% - the highest reading since Q4 1974. That's probably something to be concerned about.

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