Expectations for better business conditions at record, 48-year low. The National Federation of Independent Business (NFIB0 Small Business Optimism Index was unchanged in April, remaining at 93.2 and the fourth consecutive month below the 48-year average of 98. Small business owners expecting better business conditions over the next six months decreased one point to a […]
Small Business Optimism Index Declined in March
Inflation overtakes labor quality as top problem for small businesses. The National Federation of Independent Business (NFIB) Small Business Optimism Index decreased in March by 2.4 points to 93.2, the third consecutive month below the 48-year average of 98. Thirty-one percent of owners reported that inflation was the single most important problem in their business, […]
Small Business Owner Optimism Down in January
Inflation reported as biggest problem, highest since 1981. The National Federation of Independent Business (NFIB) Small Business Optimism Index decreased slightly in January to 97.1, down 1.8 points from December. Inflation remains a problem for small businesses as 22% of owners reported that inflation was their single most important business problem, unchanged from December when […]
Small Business Owners Reporting Inflation as Biggest Problem Highest Since 1981
Percentage of those citing inflation has jumped 20 points since the beginning of 2021. The NFIB Small Business Optimism Index increased slightly in December to 98.9, up 0.5 points from November. Twenty-two percent of small business owners reported that inflation was their single most important problem encountered in operating their business. Price raising activities have […]
Small Business Optimism Up Slightly in November
A net 59% of small business owners increased prices, the highest level since 1979. The NFIB Small Business Optimism Index increased slightly in November by 0.2 points to 98.4. Four of the 10 Index components improved, four declined, and two were unchanged. The NFIB Uncertainty Index decreased four points to 63. “As the end of […]
Small Business Optimism Slips in September
Labor shortages and inflation impact business operations. The National Federation of Independent Business (NFIB) Small Business Optimism Index decreased one point in September to 99.1. Three of the 10 Index components improved, five declined, and two were unchanged. “Small business owners are doing their best to meet the needs of customers, but are unable to […]
Small Business Optimism Pauses in May as Labor Shortage Slows Growth
A record-high 48% of owners have unfilled job openings. The National Federation of Independent Business (NFIB) Small Business Optimism Index fell 0.2 points in May to 99.6. May saw a slight pause in the recovery of small business optimism after steadily increasing each month in 2021. As reported in NFIB’s monthly jobs report, a record-high […]
Small Business Optimism Up in April
NFIB survey shows job openings remain at record highs. The National Federation of Independent Business (NFIB) Small Business Optimism Index rose to 99.8 in April, an increase of 1.6 points from March. The Optimism Index has increased 4.8 points over the past three months since January but a record 44% of owners reported job openings […]
Small Business Optimism Rebounds in August Exceeding Historical Average
The NFIB research shows seven of ten index components increased in August. Uncertainty Index also increased. The National Federation of Independent Business (NFIB) Optimism Index increased 1.4 points in August to 100.2, a reading slightly above the historical 46-year average. Seven of the 10 Index components improved, two declined, and one was unchanged. The NFIB […]
Small Business Optimism Declined in April
The NFIB index continues its two month slide in wake of pandemic. The National Federation of Independent Business (NFIB) small business optimism index took another dive in April, falling 5.5 points to 90.9, with owners expressing certainty the economy will weaken in the near-term, but expecting it to improve over the next six months. The […]
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