Economic Report: Small-business owners turn pessimistic as labor and supply shortages worsen
The optimism of small-business owners in the U.S. fell in October to a seven-month low, as as worsening shortages of labor and supplies left them less hopeful about the near future.
A closely followed gauge of small-business confidence slipped by 0.8 points to 98.2 last month, the National Federation of Independent Business said Tuesday. It marks the lowest level since March.
Businesses…
