RALEIGH — NFIB’s Small Business Optimism Index decreased slightly in November to 90.8, marking the 23rd consecutive month below the 50-year average of 98.
Twenty-two percent of owners reported that inflation was their single most important problem in operating their business, unchanged from October.
“Job openings on Main Street remain elevated as the economy saw a strong third quarter,” NFIB Chief Economist Bill Dunkelberg said. “However, small business owners have not seen a strong wave of workers to fill their open positions. Inflation also continues to be an issue.”
NFIB North Carolina State Director Gregg Thompson added Tuesday, “Our small business members are deeply frustrated. It’s hard for them to fill positions, and it’s even harder for them to hold prices in check when inflation keeps pushing up prices across the board.”
