November 15, 2021

Optimism among the nation’s small business owners hit a seven-month low as they continued to struggle to find both people willing to work and supplies. The National Federation of Independent Business (NFIB) reported its small-business confidence index fell 0.9 points to 98.2 last month. It was the lowest reading since March. Businesses are facing one of the worst labor shortages since World War II. More than 4 million people left the workforce during the pandemic and haven’t returned.
Cory McPherson is a financial planner and advisor, and President and CEO for ProActive Capital Management, Inc. He is a graduate of Kansas State University with a Bachelor of Science in Business Finance. Cory received his Retirement Income Certified Professional (RICP®) designation from The American College of Financial Services in 2017.
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