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Small Business Economic Trends |
JANUARY 13 (Based on 805 respondents to the DECEMBER survey of a random sample of NFIB's member firms, surveyed through 12/29/08) William C. Dunkelberg, Chief Economist OVERVIEW
- Optimism - second lowest in 35 years
- Reports of sales declines hit survey record high
- Inflation - the bottom drops out of prices, finally
- Job creation plans go negative, 3rd lowest in history
- Job openings low but steady, a good sign
- Compensation cuts record high, compensation gains record low
- Capital spending falls, plans second lowest reading
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