Tuesday, March 13, 2018

USA SMALL BUSINESS CONFIDENCE SURGES

   While it has been accused in the past of pandering to various political organizations, the NFIB Small Business Economic Trends Survey nonetheless reflects the mood of America's main street corporations. And according to the March release of the NFIB index, small business owners are showing "unprecedented confidence" in the economy as the optimism index continues at record high numbers, rising 0.7 points in February to 107.6 and above the 107.1 expected, the second highest level in its 45-year history, second only to the 108.0 reading in 1983.
     “When small business owners have confidence and certainty in the economy, they’re able to hire more workers and invest in their businesses,” said NFIB President and CEO Juanita Duggan. “The historically high readings indicate that policy changes – lower taxes and fewer regulations – are transformative for small businesses. After years of standing on the sidelines and not benefiting from the so-called recovery, Main Street is on fire again.”

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