Mumbai, Sept. 8 -- The US NFIB Small Business Optimism Index dropped in August to 98.7, just 1.1 points below July's highest level since August 2025, but remaining above the 52-year average of 98.0. The Uncertainty Index fell 2 points to 89, remaining above the historical average of 68. Expectations for better business conditions deteriorated 5 points to a net 10% (seasonally adjusted) but remain above the average of net 4%. When asked to evaluate the overall health of their business, 11% of owners rated it as excellent (down 3 points), 57% as good (up 2 points), 28% as fair (up 2 points), and 3% as poor (down 1 point).

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