Small business morale in the U.S. eroded for the first time in three months in September as business struggle with rising inflation, weaker sales outlook and labor shortage, survey data from the National Federation of Independent Business showed on Tuesday.
The NFIB Small Business Optimism Index dropped 2.0 points to 98.8 in September. Economists had forecast a score of 100.5. The reading remained above the survey's 52-year average of 98.
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by Jyotsna V
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