Tuesday, April 12, 2016

NFIB: Small Business Optimism Index declined slightly in March

by Bill McBride on 4/12/2016 09:06:00 AM

From the National Federation of Independent Business (NFIB): Small Business Optimism Drops to a New Two Year Low

The Index of Small Business Optimism fell 0.3 points from February, falling to 92.6. Statistically, no change. Four of the 10 Index components posted a gain, six posted small declines, the biggest gain was in Expected Business Conditions, a 4 point improvement to a still very negative number. ...

Reported job creation improved in March, with the average employment change per firm rising to an average gain in employment of 0.02 workers per firm, not much, but positive. ...
emphasis added
Small Business Optimism Index Click on graph for larger image.

This graph shows the small business optimism index since 1986.

The index decreased to 92.6 in March.