U.S. small business sentiment dropped in August, for the first time since April.

<div class="block">U.S. small business sentiment dropped in August, for the first time since April.</div>

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Small Business Sentiment Dropped in August

Us. Small business sentiment dropped in August for the first time since April down 91.3. That's according to the latest data from the National Federation of Independent Business that marks the 20 th straight month, that sentiment was lower than the index's nearly 50 year average. Business owners reported their biggest concerns were inflation and hiring qualified workers. However, 40% of business owners saying they struggled to fill open positions. That's the lowest number in the past 2.5 years.