by Calculated Risk on 12/12/2017 08:35:00 AM
Tuesday, December 12, 2017
NFIB: Small Business Optimism Index "Near All-Time High" in November
From the National Federation of Independent Business (NFIB): Small Business Optimism Hits Near All-Time High
The Index of Small Business Optimism gained 3.7 points to 107.5 in November, the second highest reading in the 44-year history of the NFIB surveys (108.0 in July 1983). Eight of the 10 Index components posted a gain and two declined, as Job Openings fell from its record high level and Capital Spending Plans declined 1 point.Click on graph for larger image.
After several solid quarters, job creation slowed in the small business sector as business owners reported a seasonally adjusted average employment change per firm of 0.0 workers.
emphasis added
This graph shows the small business optimism index since 1986.
The index increased to 107.5 in November.