The NFIB Small Business Optimism Index in the United States fell for the second consecutive month to 98.2 points in October of 2021, the lowest in 7 months, from 99.1 points in September. Expectations for business conditions over the next six months deteriorated, with the subindex falling four points. Also, the number of firms reporting positive profit trends decreased three points, mainly due to rising cost of materials and around 49% of firms reported job openings that couldn't be filled. "Small business owners are attempting to take advantage of current economic growth but remain pessimistic about business conditions in the near future. One of the biggest problems for small businesses is the lack of workers for unfilled positions and inventory shortages, which will continue to be a problem during the holiday season" NFIB chief economist Bill Dunkelberg said. source: National Federation of Independent Business
NFIB Business Optimism Index in the United States averaged 98.41 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 December of 2021.
NFIB Business Optimism Index in the United States is expected to be 97.00 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 2022, according to our econometric models.