What are you looking for?
Priorities we’re fighting for
Actions you can take
Credit Union System
Policy & Issues
Sales & Service
Credit Union Magazine
Credit Union Hero
Credit Union Rock Star
Nominate Credit Union Hero
Nominate Credit Union Rock Star
Learn More about Member Value
Learn more about the benefits of membership.
» Small-biz owners down on economy in March: NFIB
Small-biz owners down on economy in March: NFIB
April 14, 2015
MADISON, Wis. (4/15/15)--A measure of small-business owner confidence in the economy slipped in March, potentially signaling quieter levels of hiring and capital spending in the near term.
The National Federation of Independent Business' (NFIB) small-business optimism index dropped to 95.2 in March from 98 the prior month.
The Madison, Wis.-based small-business association said the reading was the lowest since June of last year, pushing the index below its long-term average (
The Wall Street Journal
Also dropping in March were the subindexes for plans to add jobs and to raise capital.
Payroll expansion dropped 2 percentage points to 10%, while capital outlays dropped 2 percentage points to 24%, which is "not a strong reading historically," the report said.
Further, only 10% of respondents said now is a good time to expand their business, a 3-point drop from February.
"Spending (by businesses) has not caught fire in spite of historically low interest rates," the report said (
). "There is too much uncertainty and expected growth is too soft."
Meanwhile, the subindex tracking business-condition expectations dropped six points to -7% for the month, while real sales expectations dropped 2 points to 13%.
Newtek survey: Small-biz owners hold steady on employees
Small biz. sentiment rebounds in March
Small-biz owner optimism continues climb
The Dividend Difference
Patronage dividends—distributions a cooperative pays members based on a proportion of its profits—drive engagement in a way only cooperatives can.
Growth Through Inclusion
Serving underbanked populations can both boost the bottom line and set up credit unions for long-term success.
Giving Back Is the Only Way
Community service is a natural extension of credit union philosophy.
Know the rules on holiday gifts
Senate confirms Kathy Kraninger as BCFP director
Data drives smart decisions
Tweets by CUNA_News
What's the pace of staff turnover at your CU?