Last updateThu, 23 Jan 2020 10pm

Manufacturing & The Economy

Small Business Optimism Reverses Last Month’s Gain

Optimism faded modestly in June, with the Small Business Optimism Index slipping 1.7 points to 103.3, reversing the gain posted in May but still leaving optimism at historically high levels. The main driver came from the inventory sector, with owners marking existing stocks as very “lean” and planning to add to them. Sales and earnings trends softened, expected credit conditions remained favorable. Uncertainty levels increased, as expectations for sales gains and general business conditions faded.

Some “tariff” Inflation pressures may be surfacing as the percentage of firms raising selling prices rose significantly with 30% of owners reporting recent changes in China trade policy negatively impacting their business. Job openings and plans to create jobs weakened a bit but remain historically very strong. Reports of higher worker compensation also cooled.


• Print magazine
Digital magazine
• VALVE eNews
Read the latest issue

*to qualified valve professionals in the U.S./Canada

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, visit the Valve Careers YouTube channel to watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association

  • Latest Post

  • Popular

  • Links

  • Events

New Products