The level of optimism of small business owners dipped slightly this quarter, according to a new survey.

After two consecutive quarters of increased optimism, the latest Wells Fargo/Gallup Small Business Index survey revealed a decline in small business owner optimism from Q1 2011 levels. Conducted April 4-8, 2011, the index score dropped 12 points from last quarter and now sits at a score of zero, indicating that small business owners, as a group, are neutral—neither optimistic nor pessimistic—about their companies’ situations.

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