The index of NFIB Research Foundation confidence has fallen nine tenths in March, standing at 88.5 points compared to 89.4 in February, reaching its lowest level since December 2012.
The figure also worsens market expectations, since a rebound to 90.2 points was expected.
dollar reaction
He Dollar Index (DXY) fell after the data to 104.01, new three-day low. At the time of writing, the DXY is moving around 104.02 points, falling 0.11% daily.
economic indicator
NFIB Business Confidence Index
The NFIB Research Foundation has collected data on small business economic trends with quarterly surveys since 1974 and monthly surveys since 1986. Respondents are drawn from NFIB members. The report is published on the second Tuesday of each month.
Last post: Tue Apr 09, 2024 10:00
Frequency: Monthly
Current: 88.5
Dear: 90.2
Previous: 89.4
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
