The NFIB Small Business Optimism Index in the United States edged down to 93.1 in May of 2022, the lowest since April of 2020, and compared to 93.2 in April. The share of owners expecting better business conditions over the next six months hit a record low. "Small-business owners remain very pessimistic about the second half of the year as supply-chain disruptions, inflation and the labor shortage are not easing," NFIB Chief Economist Bill Dunkelberg said. source: National Federation of Independent Business

NFIB Business Optimism Index in the United States averaged 98.37 points from 1975 until 2022, 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 July of 2022.

NFIB Business Optimism Index in the United States is expected to be 90.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Nfib Business Optimism Index is projected to trend around 102.00 points in 2023, according to our econometric models.

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United States Nfib Business Optimism Index



Calendar GMT Actual Previous Consensus TEForecast
2022-05-10 10:00 AM Apr 93.2 93.2 93
2022-06-14 10:00 AM May 93.1 93.2 93
2022-07-12 10:00 AM Jun 93.2


Related Last Previous Unit Reference
NFIB Business Optimism Index 93.10 93.20 points May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
93.10 93.20 108.80 80.10 1975 - 2022 points Monthly
SA

News Stream
US Small Business Confidence Edges Lower
The NFIB Small Business Optimism Index in the United States edged down to 93.1 in May of 2022, the lowest since April of 2020, and compared to 93.2 in April. The share of owners expecting better business conditions over the next six months hit a record low. "Small-business owners remain very pessimistic about the second half of the year as supply-chain disruptions, inflation and the labor shortage are not easing," NFIB Chief Economist Bill Dunkelberg said.
2022-06-14
US Small Business Optimism Steady at 2-Year Low
The NFIB Small Business Optimism Index in the United States was unchanged at 93.2 in April of 2022, the same as in March, and remaining at levels not seen in two years. More business owners expect business conditions to worsen over the next six months but the share of those raising selling prices eased from a record high in March and more expect real sales to be higher in the short-term.
2022-05-10
US Small Business Optimism at 2-Year Low
The NFIB Small Business Optimism Index in the United States declined for a 3rd straight month to 93.2 in March of 2022, the lowest since April of 2020, from 95.7 in February. The percentage of owners expecting better business conditions over the next six months decreased to -49%, the lowest level on record. Inflation is seen as the most important problem by 31% of business owners, the biggest share since the first quarter of 1981. "With inflation, an ongoing staffing shortage, and supply-chain disruptions, small-business owners remain pessimistic about their future business conditions. Their expectations for sales growth and business conditions later this year are in the tank" NFIB chief economist Bill Dunkelberg said.
2022-04-12