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Small Business Optimism Slips This Month

Posted December 01, 2014

Under Uncategorized

(Star Phoenix)

Optimism among small business owners in Saskatchewan has slipped below the national average for the first time in years.

In the latest Canadian Federation of Independent Business (CFIB) monthly Business Barometer, optimism among small business owners was down 4.7 points to an index of 63.4 in November from 68.1 in October, below the national index of 65.

Nationally, small business optimism slipped back in November, erasing most of the strong gains noted in the previous month, having fallen almost two points for the month, down to 65.9. Despite the decline, though, the latest reading is the third-best seen so far in 2014. Read more here.