From the Desk - Economic Commentary
Scott Goedken, Institutional Strategies Director - 10/13/2026
U.S. equity markets are mixed in early trading, Treasury yields are little changed, and WTI crude oil prices are modestly lower this morning.
The only economic release of significance this morning is the NFIB Small Business Economic Trends Survey. The survey showed that the NFIB Small Business Optimism Index declined 0.8 points to 97.9 in September, slightly below expectations of 98.0 and just below its 52-year average of 98.0. The survey's Uncertainty Index increased to 90 from 89 the prior month. Labor availability remained the most frequently cited concern among small business owners.
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