United States Nfib Business Optimism Index

The NFIB's Small Business Optimism Index in the US fell to 104.4 in December of 2018 from 104.8 in November, compared to market expectations of 103.6. It is the lowest reading since October of 2017. Expected real sales growth and expected business conditions in the next six months, accounted for the modest decline in the Index. However, unfilled jobs and the lack of qualified applicants continue to be a primary driver, with job openings setting a record high and job creation plans strengthening. Reports of higher worker compensation remained near record levels and inventory investment plans surged. NFIB Business Optimism Index in the United States averaged 98.25 Index Points from 1975 until 2018, 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 107.10 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 97.00 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
2018-10-09	10:00 AM	NFIB Business Optimism Index	107.9	108.8	108.9	107
2018-11-13	11:00 AM	NFIB Business Optimism Index	107.4	107.9	108.0	107
2018-12-11	11:00 AM	NFIB Business Optimism Index	104.8	107.4	107.3	107
2019-01-08	11:00 AM	NFIB Business Optimism Index	104.4	104.8	103.6	105
2019-02-12	11:00 AM	NFIB Business Optimism Index		104.4		104
2019-03-12	10:00 AM	NFIB Business Optimism Index
2019-04-09	10:00 AM	NFIB Business Optimism Index				107

United States Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	54.10	59.30	77.50	29.40	Index Points	[+]
Manufacturing PMI	53.80	55.30	57.90	50.70		[+]
Services PMI	54.40	54.70	61.00	49.30	Index Points	[+]
Non Manufacturing PMI	57.60	60.70	62.00	37.60		[+]
Composite Pmi	54.40	54.70	61.00	50.00	Index Points	[+]
Industrial Production	3.90	3.80	62.00	-33.70	percent	[+]
Industrial Production Mom	0.60	-0.20	16.60	-10.40	percent	[+]
Manufacturing Production	2.00	2.20	67.90	-39.40	percent	[+]
Capacity Utilization	78.50	78.10	89.39	66.71	percent	[+]
Durable Goods Orders	0.80	-4.30	23.50	-19.00	percent	[+]
Durable Goods Orders Ex Defense	-0.10	-1.40	26.00	-19.70	percent	[+]
Durable Goods Orders Ex Transportation	-0.30	0.40	7.50	-6.80	percent	[+]
Factory Orders Ex Transportation	0.30	0.10	4.60	-7.20	percent	[+]
New Orders	502677.00	515334.00	565232.00	223500.00	USD Million	[+]
Factory Orders	-2.10	0.20	10.60	-10.00	percent	[+]
Business Inventories	0.60	0.50	1.30	-2.00	percent	[+]
Changes in Inventories	89.77	-36.81	166.37	-245.13	USD Billion	[+]
Wholesale Inventories	0.80	0.70	2.10	-2.00	percent	[+]
Bankruptcies	22103.00	22245.00	82446.00	19695.00	Companies	[+]
Corporate Profits	2076.82	2007.53	2076.82	14.70	USD Billion	[+]
NFIB Business Optimism Index	104.40	104.80	108.80	80.10	Index Points	[+]
Ism New York Index	65.40	67.80	88.80	23.40	percent	[+]
Philadelphia Fed Manufacturing Index	9.40	12.90	58.50	-57.90	Index Points	[+]
NY Empire State Manufacturing Index	3.90	11.50	39.00	-34.40	Index Points	[+]
Richmond Fed Manufacturing Index	-8.00	14.00	29.00	-44.00	Index Points	[+]
Chicago Fed National Activity Index	0.22	0.00	2.77	-5.22		[+]
Dallas Fed Manufacturing Index	-5.10	17.60	47.10	-60.10	Index Points	[+]
Chicago Pmi	65.40	66.40	81.00	20.70	Index Points	[+]
Car Production	2.71	2.64	9.92	1.29	Million Units	[+]
Car Registrations	431.72	436.69	1149.00	331.50	Thousand	[+]
Total Vehicle Sales	17.55	17.49	21.77	9.05	Million	[+]
Crude Oil Stocks Change	-1.68	0.01	14.42	-15.22	BBL/1Million	[+]
Natural Gas Stocks Change	-91.00	-20.00	147.00	-359.00	Billion cf	[+]
Gasoline Stocks Change	8066.00	6890.00	11456.00	-8428.00	Thousand Barrels	[+]
Leading Economic Index	124.80	124.54	124.80	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	-0.56	-6.27	14.30	-12.40	BBL/1Million	[+]
Crude Oil Rigs	873.00	877.00	1609.00	98.00		[+]
Corruption Index	75.00	74.00	78.00	71.00	Points	[+]
Corruption Rank	16.00	18.00	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	7425.00	7571.00	11951.00	3799.00	Thousand Tonnes	[+]
Mining Production	13.20	13.60	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 January of 2019.