$BANK WARNING — Small Businesses Feel the Pressure!

The Small Business Optimism Index NFIB fell -0.6 to 98.2 in October — the lowest in 6 months.

📉 The higher income report sharing rate dropped -9 points to -25%, the lowest since May, marking the largest monthly decline since 2020.

💸 Weaker sales & rising material costs are having a strong impact.

⚡ Expectations for economic improvement in the next 6 months decreased -3 points to 20%, the lowest since April.

Small businesses are worried — and the market is feeling it! ⬇️👀