United States Nfib Business Optimism Index

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.