Small business confidence falls; labor indicators weak

April 14, 2015 1:01 PM

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Small business confidence falls; labor indicators weak

WASHINGTON (Reuters) - Small business confidence fell in March as hiring and capital spending plans weakened, adding to signs that economic growth braked sharply in the first quarter.

The National Federation of Independent Business said on Tuesday its Small Business Optimism Index dropped 2.8 points to 95.2 last month. The decline in the NFIB is in line with softer data on employment growth and manufacturing.

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