Small businesses grew more confident in the economy of the future in December mark a fourth month straight to improve to an optimistic outlook for terms and conditions and a survey showed published real estate profits on Tuesday.
The National Federation of independent business, said his small business optimism index rose 1.8 points to 93.8.
Eight of the index 10 components were either improved or flat. Half he won due to reduced concern about business conditions six months in the future, the NFIB said.
The index is still in recession territory, but 6 points under the pre-recession average and more than 10 percentage points or more at the same point in the recovery from the recession of 2001.
The gains in the index are supported the view that economic growth will pick up in 2012, but the gains are not likely be significant if the index sharper, increases the group, said.
The NFIB reported earlier this month that small businesses to cut staff in December. The percentage of companies reporting, that the reduction in employment remained relatively low, but increasing the employment rate, although larger, percentage losses will not make up and historically low for an extension.
Copyright 2012 Thomson Reuters.
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