by Calculated Risk on 1/10/2012 02:02:00 PM

Earlier the National Federation of Independent Business (NFIB) released their small business survey for December. The report included a typo in the "biggest problem" section that has now been corrected.

Twenty three percent of small business owners reported that weak sales continued to be their top business problem in December.

Currently 21% are reporting taxes as the most important problem, and 20% are reporting regulations - just below the 23% reporting "poor sales".

Click on graph for larger image.

In good times, small business owners usually report taxes and regulation as their biggest problems.

This is another small sign of improvement for small businesses, but lack of demand is still the key problem.