Small-business optimism rose .6 points in July, according to the National Federation of Independent Business' August Small Business Optimism Index.
The report, which was released Tuesday, indicates that two labor market indicators improved and are moving toward normal. However, only 9 percent of respondents think that now is a good time to expand their business, a sign that owners are uncertain about their company's future.
That uncertainty, according to the report, "continues the historically weak trend of owner confidence which has led some observers to suggest that Index should be renamed, Small Business Pessimism Index."
Read the full report here.