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The Numbers

NFIB Miss Confirms Stalled But Not Collapsing Labor Market

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The September NFIB Small Business Optimism Index missed estimates, falling to 98.8 from 100.8. The decrease was driven by expectations, as fewer small businesses expect the economy to improve or real sales to rise. Firms also reported inventories as too high,…

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