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The Numbers

Small Businesses Confirm Slowing Growth, Stabilizing Inflation

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The October NFIB Small Business Optimism Index missed estimates, ticking down to 98.2 from 98.8, reflecting softer expectations and earnings. Lower earnings were driven by both weaker sales volumes and higher costs. The share of small businesses citing poor…

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