Many Virginia businesses still have economic concerns, but national optimism slightly higher | Virginia

(The Center Square) – A report from a small business association showed businesses are slightly more optimistic than they were a few months ago, but many still have concerns about the future and some Virginia industries have economic concerns.

According to a national report issued by the National Federation of Independent Business, optimism from small businesses increased by one-fifth of a percentage point to 98.4%. Still, only four of the 10 index components improved, four declined and two were unchanged.

The survey showed that only 38% of business owners predict that conditions will improve in the next six months, which is one point lower than a month ago. It declined 18 points over the past four months and was at the lowest point in nearly a decade. About 59% of owners are increasing prices, which is six points higher…

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