Small business optimism declined 0.6 points to 95.3 in May, below the historical average of 98, according to the NFIB’s Small Business Economic Trends report. The Index remains below the 52-year average for the third consecutive month.

Key Findings

Small business uncertainty increased by three points, as Main Street businesses begin pulling back on hiring. The NFIB Research Center’s podcast, Small Business by the Numbers, released a new episode discussing key findings in the latest report, including areas where small businesses are struggling, such as price increases and employment challenges.

Original reporting: NFIB (National Federation of Independent Business) — read the source article.