Small Business had a stable month in November from last month’s levels. Unchanged profits and sales trends, and outlook.
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The Optimism Index decreased 0.1 point in November to 90.6.
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The frequency of reports of positive profit trends was a net negative 32 percent, unchanged from October.
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A net negative 17 percent of all owners reported higher nominal sales in the past three months, unchanged from October. The net percent of owners expecting higher real sales volumes improved 2 points to a net negative 8 percent.
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43% of all owners reported job openings they could not fill in the current period, down 3 points from
October.
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The net percent of owners raising average selling prices decreased 5 points from October to a net 25 percent seasonally adjusted. A net 34 percent plan price hikes (up 1 point).
