Legislature could not do a few things to possibly improve next month’s results
Small-business optimism hit a bump in the road in May, according to today’s release of the National Federation of Independent Business’ Small Business Economic Trends report, also known as the Optimism Index.
“May saw a slight pause in the recovery of small business optimism after steadily increasing each month in 2021,” said a national news release issued by NFIB. “As reported in NFIB’s monthly jobs report, a record-high 48% of owners reported unfilled job openings.”
Commenting locally, John Kabateck, NFIB California’s state director said, “This is not the type of news we would have preferred hearing heading into the vacation months in our state’s tourist-heavy economy. I think some warning lights, if not alarm bells, should be raised especially for our State Legislature. Let’s hit the pause button on the many proposals to increase regulations long enough to let the economy sort itself out—Not that I’m expecting them to do so, but California is the land of dreams.”
From NFIB Chief Economist Bill Dunkelberg
“The labor shortage is holding back growth for small businesses across the country. If small business owners could hire more workers to take care of customers, sales would be higher and getting closer to pre-COVID levels. In addition, inflation on Main Street is rampant and small business owners are uncertain about future business conditions.”
Other key findings include:
- Five of the 10 Index components improved, three declined, and two were unchanged.
- The NFIB Uncertainty Index decreased one point to 79.
- Job creation plans over the next three months rose to a net 27%, up six points.
- Owners expecting better business conditions over the next six months fell 11 points to a net negative 26%.
- Earnings trends over the past three months declined four points to a net negative 11%.
Keep up with the latest on California small-business news at www.nfib.com/california, where this release can also be read, or by following NFIB on Twitter @NFIB_CA or on Facebook @NFIB.CA.
For 78 years, NFIB has been advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is a nonprofit, nonpartisan, and member-driven association. Since its founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit nfib.com.
So i have a question that i can not get an answer to….see if anyone can help answer my question or pass it on to someone who may..the Power Ball and Mega lotteries changed their jackpots to start at $40 million instead of the $20 million that it has been for years and with that they increased the cost of each ticket from $1 to $2….OK so during covid they said due to lack of sales that they had to go back to the $20 million to start a new jackpot.. but they still kept the cost of each ticket at the increased cost of $2…it has been over 2 years of them doing this…which dose not fall with in the rules of the game as agreed on by all the states involved…haven’t the MULS made enough money on this scam that they have plaid on us? i sent a email to the California lottery commission an the response was it is out of their hands….and there have been many large jackpots in the past years….just asking them to play the game fare as the rules were to be an stop SCAMMING us. thank you if you can help.
Who is making you buy tickets? If you think it’s a scam don’t buy a ticket. Problem solved.
Another incredible libtard snowflake.
California WAS the land of dreams.
THERE, fixed it for ya….
Democrats have completely screwed up what was once the best place to live on Earth…
I’m just grateful I can remember the good times, but honestly, I don’t see it turning around in my lifetime, and I’m only in my 50’s …