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US: NFIB small business optimism index likely declined in August – TD Securities

According to analysts at TD Securities, the US NFIB small business optimism index is expected to have declined marginally to 103.5 in August from 104.7 before “” still at healthy, pre-recession levels.

Key Quotes

“The “Plans to increase capital spending” component should grab the bulk of the attention given the economic importance of the outlook for capex spending at this stage of the cycle.”

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