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Data Analysis

NFIB Small Business Index Breaks Through 2003 Recession Bottom for Last Two Months

By Dr. Joe Webb
Published: July 10, 2014

 

The NFIB index has been trapped between the bottom of two recessions, that of the early 1990s and the early 2000s recession bottom. Though the latest report retreated a bit, it's still above the 2003 low. Small business is improving at a very slow pace, but this may finally be a good sign after the very disappointing Q1 GDP report.

 

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