U.S. Economic News
January 12, 2021
U.S. Economic Indicators
The NFIB Small Business Optimism Index declined to 95.9 in December as nine components weakened and one improved. The decline in the index was primarily driven by large decreases in expectations for future economic conditions and future sales growth. NFIB Report
The Job Openings and Labor Turnover Survey (“JOLTS”) indicated that the number of job openings was little changed at 6.5 million in November. The number of hires was little changed at 6.0 million, while the layoffs and discharges rate increased to 1.4%. BLS Report