According to Bill Dunkelberg at NFIB, in spite of Washington it appears that small business optimism is holding at record levels because of private sector activity on Main Street.
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<p><strong>Job openings and plans to create new jobs lead monthly NFIB Index of Small Business Optimism</strong></p>
<p>The Index of Small ...</["p"]>
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Bill Dunkelberg, chief economist at NFIB, reports even though small business optimism fell in June, it's still sustaining the surge in optimism that began after last year's election.
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Overall job creation among small businesses edged higher in May, powered mainly by stronger hiring plans and job openings, according to the monthly National Federation of Independent Business (NFIB...
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Small business optimism index hovers near record levels, but expectations for future business conditions plunge after Congress fumbles Obamacare repeal.
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Small business optimism has not faded much and there is growing evidence that this optimism is being translated into more spending and hiring, although not at explosive rates.
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According to Bill Dunkelberg, NFIB's chief economist, althoughsmall business optimism remains near record highs, a shortage of qualified workers is stunting hiring activity in this sector.
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The recent growth in small business optimism looks similar to the surge in the Index in 1983, which was followed by years of economic prosperity.
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Bill Dunkelberg, Chief Economist of the NFIB, reports in December 2016, small business optimism rocketed to its highest level since 2004, with high numbers expecting better business conditions.
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Bill Dunkelberg, NFIB reports the Index of Small Business Optimism made a substantial gain in November to just above the 42-year average.
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