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Small business optimism declines

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NFIB index retreats to range since mid-2022, amid election uncertainty and signs of weaker demand. Manpower employment outlook for Q4 rebounds, signaling firmer hiring into yearend across most U.S. regions and industries. China's exports rise more than expected in August, offsetting weak domestic demand. Brazil's CPI inflation cools, but likely not enough to appease the central bank.

Ned Davis Research | Economics | Daily Economic Perspectives | Daily

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