Tuesday, May 8, 2007

U.S. April small business confidence dipped-survey

(Reuters) - "Overall, expectations for the economy are soft," William Dunkelberg, NFIB's chief economist, said in a statement. "Real growth will continue, but closer to 2 percent than to 3 percent.

"While growth is slower, inflation pressures are growing," Dunkelberg said. "Higher labor costs are not helping the inflation situation."


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