Small Business Economic Confidence Falls in August
Slowdown in Housing Market Negatively Impacting Small Businesses and Consumers' Wallets
Economic confidence among small business owners fell in August after briefly rebounding last month as small business owners expressed less confidence in the economic conditions for their business and experienced more cash flow issues, according to the Discover(R) Small Business Watch(SM). At 102.4, the Watch is down nearly five points from July's 107.3 and is nearly level with the Watch's lowest index since its inception, June's 102.5.
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