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The Numbers

Small Business Confidence Improves But Growth Is Still Fragile

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The August NFIB survey shows a fragile US economy with disinflationary signals and weak employment, supporting our defensive stance. The Small Business Optimism Index rose to 100.8 from 100.3, a six-month high, though still below December 2024 levels. Much of…

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