No Credit Crunch on Main Street Reported
March 11th, 2008 · by Bob Meyer · No CommentsThe National Federation of Independent Business Small Business Economic Trends Report optimism index increased marginally in February, but continued to provide signals of a stronger-than-perceived economy. “There is no credit crunch in sight, and there are many unfilled jobs,” said NFIB Chief Economist William Dunkelberg.
“But, he continued, the economy is plagued by a dismal outlook, rising inflation and, contradictorily falling employment.” The Index rose to 92.9 (1986=100), an improvement from last month’s reading of 91.8 which was the lowest since January 1991.”
The National Federation of Independent Business (NFIB) is the nation’s largest small-business advocacy group. For more information see: NFIB
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