The NFIB's Small Business Optimism Index in the US rose to 103.5 in April 2019 from 101.8 in the previous month and above market expectations of 102.3. The latest reading remained at a historically strong level consistent with solid growth and keeping the economy at full employment. One Index component fell, one was unchanged, and eight improved. Labor market indicators improved, with a solid gain in job creation plans and continued reports of strong hiring. Last month’s soft spot in inventories improved and profit trends posted a very solid advance. Additionally, expectations for sales, business conditions and credit conditions all posted gains. Inflation pressures remained subdued, even though reports of compensation gains are at historically high levels. NFIB Business Optimism Index in the United States averaged 98.28 Index Points from 1975 until 2019, reaching an all time high of 108.80 Index Points in August of 2018 and a record low of 80.10 Index Points in April of 1980.

NFIB Business Optimism Index in the United States is expected to be 105.00 Index 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 94.00 in 12 months time. In the long-term, the United States Nfib Business Optimism Index is projected to trend around 97.00 Index Points in 2020, according to our econometric models.

United States Nfib Business Optimism Index
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-12 11:00 AM NFIB Business Optimism Index 101.2 104.4 103.2 104
2019-03-12 10:00 AM NFIB Business Optimism Index 101.7 101.2 102.0 103
2019-04-09 10:00 AM NFIB Business Optimism Index 101.8 101.7 101.3 102
2019-05-14 09:00 AM NFIB Business Optimism Index 103.5 101.8 102.3 102
2019-06-11 10:00 AM NFIB Business Optimism Index 103.5 101
2019-07-09 09:45 AM NFIB Business Optimism Index 105
2019-08-13 10:00 AM NFIB Business Optimism Index 103


United States Business Last Previous Highest Lowest Unit
Business Confidence 52.80 55.30 77.50 29.40 Index Points [+]
Manufacturing PMI 50.60 52.60 57.90 50.60 [+]
Services PMI 50.90 53.00 61.00 49.30 Index Points [+]
Non Manufacturing PMI 55.50 56.10 62.00 37.80 [+]
Composite Pmi 50.90 53.00 61.00 50.00 Index Points [+]
Industrial Production 0.90 2.30 62.00 -33.70 percent [+]
Industrial Production Mom -0.50 0.20 16.60 -10.40 percent [+]
Manufacturing Production -0.20 0.70 67.90 -39.40 percent [+]
Capacity Utilization 77.93 78.46 89.39 66.69 percent [+]
Durable Goods Orders -2.10 1.70 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense -2.50 0.10 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation 0.00 -0.50 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.80 0.30 4.60 -7.20 percent [+]
New Orders 508192.00 497474.00 565232.00 223500.00 USD Million [+]
Factory Orders 1.90 -0.30 10.60 -10.00 percent [+]
Business Inventories 0.00 0.30 1.30 -2.00 percent [+]
Changes in Inventories 128.39 96.80 166.37 -245.13 USD Billion [+]
Wholesale Inventories -0.10 0.40 2.10 -2.00 percent [+]
Bankruptcies 22157.00 22232.00 82446.00 19695.00 Companies [+]
Corporate Profits 2076.20 2076.82 2076.82 14.70 USD Billion [+]
NFIB Business Optimism Index 103.50 101.80 108.80 80.10 Index Points [+]
Ism New York Index 77.30 66.90 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 16.60 8.50 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 17.80 10.10 39.00 -34.40 Index Points [+]
Richmond Fed Manufacturing Index 3.00 10.00 29.00 -44.00 Index Points [+]
Chicago Fed National Activity Index -0.45 0.05 2.78 -5.27 [+]
Dallas Fed Manufacturing Index 2.00 6.90 47.60 -59.90 Index Points [+]
Chicago Pmi 52.60 58.70 78.60 21.20 Index Points [+]
Car Production 2.42 2.46 9.92 1.29 Million Units [+]
Car Registrations 464.96 377.46 1149.00 331.50 Thousand [+]
Total Vehicle Sales 16.40 17.45 21.77 9.05 Million [+]
Crude Oil Stocks Change 4.74 5.43 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 100.00 106.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 3716.00 -1123.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 127.79 125.78 127.79 46.91 Index Points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
API Crude Oil Stock Change 2.40 8.60 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 797.00 802.00 1609.00 98.00 [+]
Corruption Index 71.00 75.00 78.00 71.00 Points [+]
Corruption Rank 22.00 16.00 24.00 14.00 [+]
Competitiveness Index 85.64 84.84 85.64 5.42 Points [+]
Competitiveness Rank 1.00 1.00 7.00 1.00 [+]
Ease of Doing Business 8.00 6.00 8.00 4.00 [+]
Steel Production 7752.00 6896.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 10.40 9.80 108.20 -28.80 percent [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
103.50 101.80 108.80 80.10 1975 - 2019 Index Points Monthly
SA




Country Last Previous
United States 103.50 Apr/19


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