Market Commentary

Small Businesses

retail sales

Small businesses employ up to 75% of workers in the U.S. Their health and optimism is very important since our economy is 70% consumer driven. Anything that keeps consumers employed and spending is good for U.S. economic health.

This week the Small Business Optimism Index came out. This index is produced by the National Federation of Independent Business and the report for April rose to a four month high at 103.5 with 8 out of 10 components increasing lead by earnings trends.

The economy has a few cracks but otherwise it is strong.

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