Comment on Today’s Small Business Trends Report

Date: June 09, 2020

Improvements in eight of 10 SBET index components welcoming news

FOR IMMEDIATE RELEASE
Contact: Tony Gagliardi, Wyoming State Director, [email protected]
or Tony Malandra, Senior Media Manager, [email protected]

CHEYENNE, Wyo., June 9, 2020—From Tony Gagliardi, Wyoming state director for NFIB, which released the latest findings of its Small Business Economic Trends report today. The SBET, also called the Optimism Index, is the nation’s leading measurement of the small-business economy.

“This month’s NFIB Optimism Index shows some good news. Small-business owners not having to contend with unnecessary regulations and additional taxes will get Wyoming’s economy back on track.”

NFIB Research Center has collected Small Business Economic Trends Data with Quarterly surveys since 1973 and monthly surveys since 1986. The sample is drawn from the membership files of the National Federation of Independent Business (NFIB). The SBET is one of the few archival data sets on small business, particularly when research questions address business operations rather than opinions. Today, it’s the largest, longest-running data set on small business economic conditions available.

“As states begin to reopen, small businesses continue to navigate the economic landscape rocked by COVID-19 and new government policies,” said NFIB’s Chief Economist Bill Dunkelberg. “It’s still uncertain when consumers will feel comfortable returning to small businesses and begin spending again, but owners are taking the necessary precautions to reopen safely.”

Keep up with the latest Wyoming small-business news at www.nfib.com/WY and follow @NFIB_WY on Twitter.

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For more than 76 years, NFIB has been advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is a nonprofit, nonpartisan, and member-driven association. Since our founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit nfib.com.

NFIB Wyoming
P.O. Box 1890
Cheyenne, WY 82009
866-639-1846
NFIB.com/WY
Twitter: @NFIB_WY

 

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