US small business confidence declined for the third month in a row in February, erasing much of the growth Trump achieved after winning the presidential election in November last year due to growing concerns about the Trump administration's trade policy. According to published data, the Small Business Optimism Index fell 2.1 points to 100.7 last month. It reflects consumer and business confidence and a decline in the stock market, which have erased the so-called Trump shock. Furthermore, the NFIB's uncertainty index rose 4 points to 104, the second highest on record. NFIB chief economist Bill Dunkelberg said, “Uncertainty is high and rising for many reasons.”

US small business confidence declined for the third month in a row in February, erasing much of the growth Trump achieved after winning the presidential election in November last year due to growing concerns about the Trump administration's trade policy. According to published data, the Small Business Optimism Index fell 2.1 points to 100.7 last month. It reflects consumer and business confidence and a decline in the stock market, which have erased the so-called Trump shock. Furthermore, the NFIB's uncertainty index rose 4 points to 104, the second highest on record. NFIB chief economist Bill Dunkelberg said, “Uncertainty is high and rising for many reasons.”