The NFIB Small Business Optimism Index in the United States increased to a 3-month high of 98.9 in December of 2021 from 98.4 in November, beating market forecasts of 98.6. More firms are planning to increase employment and capital outlays, improving earnings. There was also a slight recovery in expectations of business conditions over the next six months. Also, the share of owners raising average selling prices decreased two points to 57% and 49% of owners reported job openings that could not be filled, up a point from November. 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 January of 2022.

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 2023, according to our econometric models.

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United States Nfib Business Optimism Index


Calendar GMT Actual Previous Consensus TEForecast
2021-12-14 11:00 AM Nov 98.4 98.2 98
2022-01-11 11:00 AM Dec 98.9 98.4 98.6 98
2022-02-08 11:00 AM Jan


Related Last Previous Unit Reference
NFIB Business Optimism Index 98.90 98.40 points Dec/21

News Stream
US Small Business Optimism at 3-Month High
The NFIB Small Business Optimism Index in the United States increased to a 3-month high of 98.9 in December of 2021 from 98.4 in November, beating market forecasts of 98.6. More firms are planning to increase employment and capital outlays, improving earnings. There was also a slight recovery in expectations of business conditions over the next six months. Also, the share of owners raising average selling prices decreased two points to 57% and 49% of owners reported job openings that could not be filled, up a point from November.
2022-01-11
US Small Business Optimism Recovers from 7-Month Low
The NFIB Small Business Optimism Index in the United States went up to 98.4 points in November of 2021 from a 7-month low of 98.2 in October. Still, expectations for business conditions over the next six months deteriorated, with the subindex falling one point to the lowest since November 2012. "Owners are pessimistic as many continue managing challenges like rampant inflation and supply chain disruptions that are impacting their businesses right now," NFIB Chief Economist Bill Dunkelberg said.
2021-12-14
US Small Business Optimism Falls for 2nd Month
The NFIB Small Business Optimism Index in the United States fell for the second consecutive month to a 7-month low of 98.2 points in October. 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.
2021-11-09

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.