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Nevada Comment on Latest Small Business Optimism Index

Nevada Comment on Latest Small Business Optimism Index

March 10, 2026

Despite sending a mixed message, a couple of things should buoy Main Street enterprises

FOR IMMEDIATE RELEASE
Contact: Tray Abney, Nevada State Director, tray@abneygr.com
or Tony Malandra, Senior Media Manager, anthony.malandra@nfib.org

CARSON CITY, Nev., March 10, 2026—From Tray Abney, state director for the National Federation of Independent Business (NFIB) in Nevada, on today’s findings from the monthly NFIB Small Business Optimism Index, which fell 0.5 points in February to 98.8 but remained slightly above the 52-year average of 98. The Uncertainty Index decreased three points from January to 88.

“Some of the components from this month’s Optimism Index sent a mixed message about the small business economy, but it was good to see the overall Index still above its 52-year average. It wasn’t until November 2024 that the Index was able to shake off 34 consecutive months of being below the average, so there’s every reason to remain optimistic as is the fact that we’re headed into a tax-filing season where the 20% Small Business Tax Deduction is now a permanent feature of the tax code. Had small businesses not rallied around the permanency cause, it would have expired at the end of last year.”

In conjunction with the February report, NFIB also released a new episode of the NFIB Research Center’s “Small Business by the Numbers” podcast. Listen to the latest episode here.

From NFIB Chief Economist Bill Dunkelberg

“Although optimism declined slightly, small businesses report feeling more certain in February as they look toward the coming months. High sales and increased profits made February a more positive month for many owners, but competition from large businesses is putting stress on Main Street firms as they navigate the current economic climate.”

Highlights from the Latest NFIB Small Business Optimism Index

  • Seasonally adjusted, a net 34% reported raising compensation, up 2 points from January and the highest level since March 2025.
  • The frequency of reports of positive profit trends rose 7 points from January to a net negative 14% (seasonally adjusted). The last time earnings trends were this high was in December 2021.
  • The net percent of owners raising average selling prices fell 2 points from January to a net 24% (seasonally adjusted). This marked the third consecutive month that actual price increases slowed, though the changes remain well above the historical average.
  • When asked to evaluate the overall health of their business, 12% rated it as excellent (down 2 points), 55% as good (up 1 point), 26% as fair (down 1 point), and 5% as poor (up 1 point).

 

Keep up with the latest Nevada small business news at www.nfib.com or by following NFIB on X @NFIB_NV.

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For over 80 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 Nevada
Abney Government Relations
775-443-5561
Reno, NV
NFIB.com
X: @NFIB_NV

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