Small Business Sentiment Remains in a Stealth Recession

The latest issue of the NFIB Small Business Economic Trends is out today. The heavily watched Small Business Optimism Index declined slightly from 93.2 to 92.6. Here’s the opening paragraph of the report: The Index of Small Business Optimism lost 0.6 points in December, dropping to 92.6, not a huge change but not the hope-for …

Notice: Use BLS Data at Your Own Peril + Weekly Economic Summary

The markets wait for the unpredictable BLS to publish its data. Their methodology produces a lot of monthly volatility. Their adjustment factors create too many jobs. The August 2010 BLS jobs report did not disappoint this opinion.