Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
The number of U.S. small business owners raising average selling prices in March increased four percentage points to a seasonally adjusted net 72%, the highest reading in the National Federation of Independent Business survey’s history.
Price hikes were the most frequent in wholesale (84% higher, 0% lower), construction (83% higher, 3% lower), agriculture (78% higher, 2% lower), and retail sales (77% higher, 2% lower), the survey showed. A net 50% of owners plan future price hikes, up four points from February.
The survey released Tuesday also showed small business owners expecting worsening business conditions, with sentiment cratering. Those expecting better business conditions over the next six months dropped 14ppts to a net negative 49%, the lowest level recorded in the NFIB's 48-year-old survey. The NFIB's Optimism Index decreased in March by 2.4ppts to 93.2, the third consecutive month below the 48-year average of 98.
Source: NFIB
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.