NFIB finds a slight downturn in small business owner optimism

WWL Newsroom
July 16, 2019 - 2:02 pm

The optimism of small business owners has seen a modest downturn, according to the National Federation of Independent Small Business. 

Business owners are being cautious with spending according to NFIB State Director Dawn Starns.  She credits politics on both the federal and state level.

“When politics gets involved, small business owners look at things and say well maybe I need to hold my cards a little closer to my vest,” said Starns.

Yet she adds that small business optimism is still at historically high levels, although there is this general slowdown.

“From the perspective of how much they are going to spend, how much they are going to invest in expenditures and creating new jobs,” said Starns.

Starns says the national political scene plays a huge role on the impact, and following the recent Democratic debates and discussion of the 2020 election, small business owners are being more cautious not knowing what could happen next.  

“We are hopeful though that we continue along the route that we’ve been on, maybe this is just a little bump in the summertime and we’ll see things start to rebound again when the fall begins,” said Starns.

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