Small business owners’ economic confidence leveled off in June, halting a two-month rise, according to a new survey.
The Discover Small Business Watch index dipped to 86.1 in June from 87.4 in May as rising concerns over temporary cash flow issues offset some improvement in the way small business owners see the climate for their own operations.
Small business owners reporting temporary cash flow issues jumped to 51 percent in June, up from 45 percent in May and the highest since January. Forty-five percent of owners reported no cash flow issues, down from 48 percent in May; and 4 percent were unsure.
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