NEW NFIB SURVEY: Small Business Optimism Increases in May
The NFIB Small Business Optimism Index increased by three points in May to 98.8, slightly above the 51-year average of 98.
The NFIB Small Business Optimism Index increased by three points in May to 98.8, slightly above the 51-year average of 98.
NFIB’s May jobs report found that 34% (seasonally adjusted) of small business owners reported job openings they could not fill in May, unchanged from April.
NFIB’s April jobs report found that labor quality remains a challenge for small businesses, while small business owners who are trying to hire increased three points from March.
The NFIB Small Business Optimism Index declined by 1.6 points in April to 95.8, the second consecutive month below the 51-year average of 98.
NFIB’s April jobs report found that 34% (seasonally adjusted) of small business owners reported job openings they could not fill in April.
An opinion-editorial by NFIB’s Chief Economist discusses how government policies affect the small business economy. With tax hikes ahead, it’s critical that Congress makes the 20% Small Business Deduction permanent.
As Congress debates tax policy, new polling shows bipartisan American support for making the 20% Small Business Tax Deduction permanent. State-specific reports demonstrate the impact a massive tax hike will have on communities nationwide.
Optimism fell as taxes ranked a top small business problem in the March Small Business Economic Trends Report. The Uncertainty Index decreased eight points from February’s second highest reading.
NFIB Research Center Executive Director Holly Wade joined Alix Steel and Romaine Bostick on Bloomberg: The Close to discuss the Small Business Optimism Index.
NFIB’s Small Business Optimism Index fell by 3.3 points in March to 97.4, falling below the 51-year average of 98.
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