In Depth Analysis: CalculatedRisk Newsletter on Real Estate (Ad Free) Read it here.

Tuesday, December 13, 2016

NFIB: Small Business Optimism Index increases in November

by Calculated Risk on 12/13/2016 08:32:00 AM

From the National Federation of Independent Business (NFIB): Small Business Optimism Soars Post Election

The full November index, calculated as it is every month, improved 3.5 points to 98.4, which is just above the 42-year average and only the third time since 2007 that it has broken into above average territory.

Plans to hire jumped five points from the previous month. Expected higher sales rose from a net one percent in October to net 11 percent in November. But the blockbuster was expected better business conditions, which shot from a net -7 percent to 12.
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 98.4 in November.

This is the highest level since 2014.