The NFIB's latest small-biz sentiment survey is bleak. In short, the demand just will not materialize.
Plans to add to inventories were unchanged at a negative 7 percent of all firms (seasonally adjusted) – still more owners planning to reduce stocks than planning new orders. Only a pick-up in sales will turn this around. Seasonally unadjusted, 13 percent plan to add to stocks while 15 percent will reduce them.
SEE ALSO: Just how low the NFIB's readings are on a historical basis