In 2018, small business owners are celebrating tax reform and a gangbusters economy.
NFIB’s Small Business Optimism Index declined to 104.9 in December, but 2017 remained the strongest year of the Index yet with an average of 104.8.
“2017 was the most remarkable year in the 45-year history of the NFIB Optimism Index. With a massive tax cut this year, accompanied by significant regulatory relief, we expect very strong growth, millions more jobs, and higher pay for Americans,” said NFIB president and CEO Juanita Duggan.
In his State of the State Address this month, Gov. Eric Holcomb echoed this optimism, saying the state was “on a roll!”
“We continue to operate within an honestly balanced budget,” Holcomb said. “We have a AAA credit rating and nearly $2 billion in our state’s savings account. In large part, because of our low tax and reasonable regulatory climates, we rank best in the Midwest and a top-five state in the nation for doing business. We’re number two in the nation for cost of doing business and top two in the nation for our low cost of living.”