Small Business Economic Trends Survey Has Given Voice To Business Owners Since 1973
In October 1973, the NFIB office in San Mateo, California mailed a survey to NFIB members on the unique issues facing small business owners. Forty years later, the NFIB Small Business Economic Trends Survey is widely regarded as the leading indicator of small business sentiment about the economy and major legislative and regulatory issues.
"Wilson Johnson was NFIB president at the time, and he was a real visionary, buying into the notion that the membership was NFIB's real asset," said Bill Dunkelberg, NFIB’s chief economist.
At the time, there was very little information in Washington about the health of the small business sector, and Wilson realized that NFIB could give small business owners a bigger voice in Washington and the 50 state capitals by listening to members through the survey.
Today, about 15,000 small business owners each year participate in the monthly surveys. In addition, NFIB has conducted hundreds of other studies focusing on specific issues such as the Affordable Care Act, taxes and regulation. 2:20
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