Fox Business reports:
After last week’s news that only 88,000 jobs were added in March comes more disappointment: the March NFIB Index of Small Business Optimism took a dip.
The optimism gauge had showed sustained growth over the past three months. But in March, six of the index’s components declined, with the greatest drops in sales expectations, plans for investing in inventory and labor market indicators.
NFIB spokesperson Cynthia Magnuson says that while the number one problem facing small business owners in the early part of the recession and recovery was weak sales, the top concern today is taxes, followed by regulations and red tape.
"They were very concerned about the fiscal cliff, which had an impact on their level of certainty, and the health care law continues to concern them," says Magnuson.
