Tuesday, July 10, 2018

Small Business Optimism Index decreased in June

by Bill McBride on 7/10/2018 08:35:00 AM

From the National Federation of Independent Business (NFIB): June 2018 Report: Small Business Optimism Index

The Small Business Optimism Index posted its sixth highest reading in survey history for the month of June, at 107.2, down 0.6 from May.
..
Reports of employment gains remain strong among small businesses. Owners reported adding a net 0.19 workers per firm on average, virtually unchanged from May
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 107.2 in June.

Note: Usually small business owners complain about taxes and regulations.  However, during the recession, "poor sales" was the top problem.

Now the difficulty of finding qualified workers is the top problem.