Today’s release of NFIB’s monthly Small Business Economic Trends report, also known as the Optimism Index, showed minor improvement in some categories but within a backdrop of a record 51-year high in uncertainty.
Today’s release of NFIB’s monthly Small Business Economic Trends report, also known as the Optimism Index, showed minor improvement in some categories.
NFIB SBET Report, also known as the Optimism Index, showed minor improvement in some categories but within a backdrop of a record 51-year high in uncertainty.
The NFIB Small Business Optimism Index rose by 2.2 points in October to 93.7. This is the 34th consecutive month below the 50-year average of 98. The Uncertainty Index rose seven points to 110, the highest reading recorded. A seasonally adjusted net negative 20% of small business owners reported hig
The NFIB Small Business Optimism Index rose by 2.2 points in October to 93.7.
NFIB’s October jobs report found that 35% (seasonally adjusted) of small business owners reported job openings they could not fill in October.
The NFIB Small Business Optimism Index rose by 0.3 points in September to 91.5.
The National Federation of Independent Business, hosted a Capitol Hill press conference in Washington D.C. during its 2024 Small Business Deduction Summit.
What it means: In the August report, small business optimism fell 2.5 points. Inflation remains small businesses’ top concern.
Our take: Optimism continues to fluctuate month-to-month as hiring challenges, low sales and increasing cost pressures continue to cause concern.
The NFIB Small Bu
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