Tuesday, May 11, 2021

Small Business Optimism Increased in April

by Calculated Risk on 5/11/2021 08:34:00 AM

Most of this survey is noise, but sometimes there is some information.

From the National Federation of Independent Business (NFIB): April 2021 Report

The NFIB Small Business Optimism Index rose to 99.8 in April, an increase of 1.6 points from March. The Optimism Index has increased 4.8 points over the past three months since January but a record 44% of owners reported job openings they could not be filled.
...
Strong job growth continued for small businesses in April. Firms increased employment by 0.31 workers per firm on average over the past few months. The average has been above 0.30 since December 2020, historically an exceptional performance.
emphasis added
Small Business Optimism IndexClick on graph for larger image.

This graph shows the small business optimism index since 1986.

The index increased further in April.