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The NFIB Small Business Optimism Index rose to 89.5 in June, down from 93. 1

the previous month, according to data released by the National Federation of Independent Business on Tuesday.

This is the lowest increase since January 2013. Small business owners are reportedly more frustrated now than with the CoVID-19 epidemic in April 2020.

According to a survey conducted by the Wall Street Journal, economists expect the index to reach 92.8.

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According to a survey conducted by the Wall Street Journal, economists expect the index to reach 92.8.

Economists look at the report to read the country's demand and to increase employment and wage trends in the wider economy.

All the components that make up the confidence index fell in June compared to May, and when owners were asked about.

business conditions and short-term expectations on sales, the disappointment was broad-based.

However, inflation remained a major problem for small businesses, with 34% of those surveyed citing price increases as the most important factor in running their business.

The NFIB said this was the highest level since the late 1980s.

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