(NFIB) The small business optimism index reduced by 2.8 points to 99.7 in July, a contrast to the 2.9 points gains in June.
In the labor markets, 49% of business owners reported job openings they were unable to fill, an increase of three points from June.
55% of businesses reported capital outlays in the last six months, an increase by 2 points from that reported in June.
A seasonally-adjusted net of 5% business owners reported higher nominal sales in the past quarter, a decrease by 4 points from June.
A seasonally-adjusted net of 38% reported increasing compensation, a reduction by 1 point from June.
Two percent of business owners pointed out that their borrowing needs were not satisfied, a reduction by one point from last month.
The seasonally net adjusted percentage of businesses raising average selling price was by 1 point to 46%.
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