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BUSINESS

Economic Confidence of Small Business Owners Continues Downward Trend

Index Drops for Fourth Straight Month, Improved Cash Flow Not Offsetting Pessimism over National Economic Picture

Economic confidence among small business owners declined for the fourth straight month in November, as increased pessimism over the U.S. economy dragged down indicators of relative stability at the small business level, according to the Discover Small Business Watch. At 93.2, the confidence measure is down from 96.8 in October and from 114.6 at this time last year.

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