Wednesday, July 6, 2022

Small business optimism index increases in November

In November, the NFIB Small Business Optimism Index rose 0.2 points to 98.4. The Uncertainty Index fell 4 points to 63 points.

Business owners intend to generate new employment at a seasonally adjusted net 25.0%, down 1 point from the previous month. The percentage of business owners who believe now is a favorable time to expand remained unchanged from the previous month at 10%. In the current period, 48% of respondents reported job openings that they were unable to fill, down one point from October.

To read more about this story from the ABA, click here.