US: NFIB index of sentiment amongst small businesses expected to decline – Lloyds Bank

According to Rhys Herbert, Research Analyst at Lloyds Bank, in the US, the NFIB index of sentiment amongst small businesses is expected to decline modestly in March for the second month in a row.

Key Quotes

“Nevertheless, after the very sharp rises around the turn of the year the index remains well above its level of last autumn. Meanwhile, already released data for the labour market subcomponents of the index, point to some evidence of rising wage pressures.”