The NFIB Small Business Optimism Index in the United States stood at 99.6 in May 2021, slightly down from the previous month's five-month high and well below pre-pandemic levels. It was the first decline in morale this year, as small-business owners were concerned about labor shortages and growing inflationary pressure. A record 48% of small businesses surveyed could not fill open jobs, even with many of them offering higher pay; while higher inflation was making it harder for them to plan ahead. source: National Federation of Independent Business

NFIB Business Optimism Index in the United States averaged 98.40 points from 1975 until 2021, 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 2021.

NFIB Business Optimism Index in the United States is expected to be 104.00 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 99.00 in 12 months time. In the long-term, the United States Nfib Business Optimism Index is projected to trend around 102.00 points in 2022, according to our econometric models.

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United States Nfib Business Optimism Index

Actual Previous Highest Lowest Dates Unit Frequency
99.60 99.80 108.80 80.10 1975 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-09 11:00 AM Feb 95.8 95 96
2021-04-13 10:00 AM Mar 98.2 95.8 99.1
2021-05-11 10:00 AM Apr 99.8 98.2 98.7
2021-06-08 10:00 AM May 99.6 99.8 101
2021-07-13 10:00 AM Jun 99.6 100
2021-08-10 10:00 AM Jul
2021-09-14 10:00 AM Aug
2021-10-12 10:00 AM Sep


News Stream
US Small Business Optimism Falls for 1st Time this Year
The NFIB Small Business Optimism Index in the United States stood at 99.6 in May 2021, slightly down from the previous month's five-month high and well below pre-pandemic levels. It was the first decline in morale this year, as small-business owners were concerned about labor shortages and growing inflationary pressure. A record 48% of small businesses surveyed could not fill open jobs, even with many of them offering higher pay; while higher inflation was making it harder for them to plan ahead.
2021-06-08
US Small Business Optimism Improves to 5-Month High
The NFIB Small Business Optimism Index in the United States rose by 1.6 points from the previous month to 99.8 in April 2021, the highest level since December and slightly above the average of 98, but still remained below pre-pandemic levels. Optimism among small-business owners was supported by the reopening of the economy, with firms saying they see a growth in sales but having a hard time finding skilled workers to fill job openings. The gauge for earning trends over the past three months increased by 8 points and the percentage of those planning to make capital expenditures in the next three to six months rose by 7 points. The number of owners who view current inventory as 'too low' continued to increase to historically high levels, while the percentage of owners expecting better business conditions over the next six months fell 7 points. The percentage of respondents raising average selling prices increased 10 points to 36 percent, the highest reading in decades.
2021-05-11
US Small Business Optimism at 4-Month high
The NFIB Small Business Optimism Index in the United States increased to 98.2 in March of 2021, the highest in 4 months, from 95.8 in February. The uncertainty index also increased to 81 from 75 which was the lowest since April last year. "Main Street is doing better as state and local restrictions are eased, but finding qualified labour is a critical issue for small businesses nationwide. However, owners remain determined to hire workers and grow their business", NFIB said.
2021-04-13
US Small Business Optimism Improves Slightly
The NFIB Small Business Optimism Index in the United States rose by 0.8 points from the previous month to 95.8 in February 2021, still remaining below the 98 average and pre-pandemic levels. The latest report highlighted small business owners' efforts to stabilize business among COVID-19 regulations and weather complications.
2021-03-09

United States Nfib Business Optimism Index
NFIB Small Business Optimism Index is a composite of ten seasonally adjusted components calculated based on the answers of around 620 NFIB members. This questions include: plans to increase employment, plans to make capital outlays, plans to increase inventories, expect economy to improve, expect real sales higher, current inventory, current job openings, expected credit conditions, now a good time to expand, and earnings trend.