Sentiment across small businesses improved in May as the U.S. economy began to reopen, though firms are signaling it will be a rocky rest of 2020.
In its monthly survey of small businesses across the country, the National Federation of Independent Business said its optimism index rose to 94.4 last month from 90.9 in April. April’s reading was the lowest since early 2013 and followed a print of 96.4 in March. The NFIB’s latest survey was a sample of 5,000 small-business owners/members, and 814 usable responses were received. Read full article.