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The group's optimism index decreased to 91.2, the lowest since September, from 91.9 the prior month.
The overall optimism index declined slightly:But the real trouble comes in examining the individual indicators.
A small-business optimism index is up and beer sales have dropped for the second year in a row.
The indications of pessimism in the Optimism Index, which is drawn from the N.F.I.B.'s monthly Small Business Economic Trends survey, were myriad.
On Tuesday, the National Federation of Independent Business reported that its Small Business Optimism Index had one of its steepest declines ever in November.
The National Federation of Independent Business, which tracks small-business trends, recently reported that the August-September reading of its small-business optimism index reached a 20-year high.
Similar(37)
This uptick in sentiment has also been reflected in the economic-optimism indices collated by the University of Michigan and the Conference Board, both of which have risen quite a bit since last summer.
The optimism-corrected discrimination index was 0.91; the optimism-corrected unreliability index U was 0.01 and the overall quality index was 0.85.
In a very volatile index, optimism among consumer services firms was at its lowest since February 2013, when the balance was +6%.
After 10 months of growing optimism, the overall index, based on a survey of 7,000 businesses about the current business climate, fell to 96.4 from 97.5 in January.
The procedure was repeated 100 times, and the average estimated optimism for each index was calculated.
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