US small business sentiment declines moderately -NFIB

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A Local Culinary Adventure: inspired by Halifax's Seaport Market | SaltWire #cooking #cookingtipsNEW YORK - U.S. small business sentiment declined slightly again in September on continued concern over inflation and persistent labor shortages, a survey published on Tuesday showed.

September's report was similar in tone to the one for August, which saw the first dip in optimism since April with businesses noting a tight labor market and inflation as top concerns. Amid the Federal Reserve's most aggressive rate hike campaign in decades, small businesses are facing higher borrowing costs for credit. Widespread economic uncertainty has also grown surrounding projections of future recession, weighing on the outlook for businesses.

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