The NFIB Small Business Optimism Index dropped 5.5 points from the previous month to 90.9 in April 2020, its lowest level since March 2013, as the coronavirus pandemic hurt the economy. Sales expectations for the next six months tumbled 30 points to -42, the lowest level in the survey’s 46-year history. Still, small-business owners' optimism about future conditions indicates they expect the recession to be short-lived, with the gauge for business conditions expectations over the next six months erasing all of March's decline.
NFIB Business Optimism Index in the United States averaged 98.38 points from 1975 until 2020, reaching an all time high of 108.80 points in August of 2018 and a record low of 80.10 points in April of 1980. This page provides - United States Nfib Business Optimism Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Nfib Business Optimism Index - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: National Federation of Independent Business
NFIB Business Optimism Index in the United States is expected to be 85.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate NFIB Business Optimism Index in the United States to stand at 95.00 in 12 months time. In the long-term, the United States Nfib Business Optimism Index is projected to trend around 99.00 points in 2021 and 102.00 points in 2022, according to our econometric models.