Tuesday, May 10, 2016

NFIB: Small Business Optimism Index increased in April

by Bill McBride on 5/10/2016 08:54:00 AM

From the National Federation of Independent Business (NFIB): Small Business Optimism Increases One Point in April

The Index of Small Business Optimism rose 1 point in April to 93.6 ... according to the National Federation of Independent Business’ (NFIB) monthly economic survey released today. ...

Fifty-three percent reported hiring or trying to hire (up 5 points), but 46 percent reported few or no qualified applicants for the positions they were trying to fill. Hiring activity increased substantially ... Twenty-nine percent of all owners reported job openings they could not fill in the current period, up 4 points, revisiting the highest level for this expansion.
emphasis added
Small Business Optimism Index Click on graph for larger image.

This graph shows the small business optimism index since 1986.

The index increased to 93.6 in April.