The NFIB's Small Business Optimism Index in the US fell to 103.3 in June 2019 from 105 in the previous month. Six Index components dropped, three improved, and one was unchanged. Both capital spending plans and actual outlays declined, reversing last month’s gains. The inventory component strengthened as owners said existing inventory stocks were lean and planning to add to them. Sales and earnings trends weakened, while expected credit conditions remained strong and are projected to tighten. Uncertainty levels increased to the highest level since March 2017. NFIB Business Optimism Index in the United States averaged 98.31 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 102.00 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 98.00 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
2019-04-09 10:00 AM NFIB Business Optimism Index Mar 101.8 101.7 101.3 102
2019-05-14 09:00 AM NFIB Business Optimism Index Apr 103.5 101.8 102.3 102
2019-06-11 10:00 AM NFIB Business Optimism Index May 105.0 103.5 102.3 101
2019-07-09 10:00 AM NFIB Business Optimism Index Jun 103.3 105 105
2019-08-13 10:00 AM NFIB Business Optimism Index Jul 103.3 103
2019-09-10 10:00 AM NFIB Business Optimism Index Aug 102
2019-10-08 10:00 AM NFIB Business Optimism Index Sep 102


United States Business Last Previous Highest Lowest Unit
Business Confidence 51.70 52.10 77.50 29.40 Index Points [+]
Manufacturing PMI 50.60 50.50 57.90 50.50 [+]
Services PMI 51.50 50.90 61.00 49.30 Index Points [+]
Non Manufacturing PMI 55.10 56.90 62.00 37.80 [+]
Composite Pmi 51.50 50.90 61.00 50.00 Index Points [+]
Industrial Production 1.30 2.10 62.00 -33.70 percent [+]
Industrial Production Mom 0.00 0.40 16.60 -10.40 percent [+]
Manufacturing Production 0.40 0.70 67.90 -39.40 percent [+]
Capacity Utilization 77.92 78.09 89.39 66.69 percent [+]
Durable Goods Orders -1.30 -2.80 23.20 -18.40 percent [+]
Durable Goods Orders Ex Defense -0.60 -3.30 25.50 -19.20 percent [+]
Durable Goods Orders Ex Transportation 0.30 -0.10 6.30 -10.20 percent [+]
Factory Orders Ex Transportation 0.10 0.20 4.60 -7.00 percent [+]
New Orders 493569.00 499273.00 565232.00 223500.00 USD Million [+]
Factory Orders -0.70 -1.20 10.40 -9.70 percent [+]
Business Inventories 0.30 0.50 1.30 -2.00 percent [+]
Changes in Inventories 122.84 96.80 166.37 -245.13 USD Billion [+]
Wholesale Inventories 0.40 0.80 2.10 -2.00 percent [+]
Bankruptcies 22157.00 22232.00 82446.00 19695.00 Companies [+]
Corporate Profits 2012.30 2076.20 2076.82 14.70 USD Billion [+]
NFIB Business Optimism Index 103.30 105.00 108.80 80.10 Index Points [+]
NY Empire State Manufacturing Index 4.30 -8.60 39.00 -34.40 Index Points [+]
Philadelphia Fed Manufacturing Index 21.80 0.30 58.50 -57.90 Index Points [+]
Richmond Fed Manufacturing Index 3.00 5.00 29.00 -44.00 Index Points [+]
Ism New York Index 50.00 48.60 88.80 23.40 percent [+]
Chicago Fed National Activity Index -0.02 -0.03 2.78 -5.27 [+]
Dallas Fed Manufacturing Index -12.10 -5.30 47.60 -59.90 Index Points [+]
Chicago Pmi 49.70 54.20 78.60 21.20 Index Points [+]
Car Production 2.62 2.56 9.92 1.29 Million Units [+]
Car Registrations 465.92 432.55 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.30 17.30 21.77 9.05 Million [+]
Crude Oil Stocks Change -3.12 -9.50 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 62.00 81.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 3565.00 -1455.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 127.88 127.79 127.88 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 -1.40 -8.13 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 779.00 784.00 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 7653.00 7428.00 11951.00 3799.00 Thousand Tonnes [+]
Kansas Fed Manufacturing Index -3.00 2.00 37.00 -32.00 Index Points [+]
Mining Production 8.70 10.70 108.20 -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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
103.30 105.00 108.80 80.10 1975 - 2019 Index Points Monthly
SA




Country Last Previous
United States 103.30 Jun/19


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