United States Nfib Business Optimism Index

The NFIB Small Business Optimism Index fell 1.6 points from the previous month to 103.1 in August 2019, as fewer owners said they expect better business conditions and real sales volumes in the coming months. Still, job creation accelerated, positive earnings trends improved, and quarter-on-quarter sales gains remained strong. The Uncertainty Index rose 4 points, suggesting that small business owners are reluctant to make major spending commitments. The main impediment to more growth is the record level of no qualified workers. NFIB Business Optimism Index in the United States averaged 98.33 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
2019-06-11	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	104.7	103.3	104.9	103
2019-09-10	10:00 AM	NFIB Business Optimism Index Aug	103.1	104.7		104
2019-10-08	10:00 AM	NFIB Business Optimism Index Sep		103.1		102
2019-11-12	11:00 AM	NFIB Business Optimism Index Oct				100
2019-12-10	11:00 AM	NFIB Business Optimism Index Nov				98

United States Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	49.10	51.20	77.50	29.40	Index Points	[+]
Manufacturing PMI	50.30	50.40	57.90	50.30		[+]
Services PMI	50.70	53.00	61.00	49.30	Index Points	[+]
Non Manufacturing PMI	56.40	53.70	62.00	37.80		[+]
Composite Pmi	50.70	52.60	61.00	50.00	Index Points	[+]
Industrial Production	0.40	0.50	62.00	-33.70	percent	[+]
Industrial Production Mom	0.60	-0.10	16.60	-10.40	percent	[+]
Manufacturing Production	-0.40	-0.50	67.90	-39.40	percent	[+]
Capacity Utilization	77.88	77.52	89.39	66.69	percent	[+]
Durable Goods Orders	2.10	1.80	23.20	-18.40	percent	[+]
Durable Goods Orders Ex Defense	1.40	3.10	25.50	-19.20	percent	[+]
Durable Goods Orders Ex Transportation	-0.40	0.80	6.30	-10.20	percent	[+]
Factory Orders Ex Transportation	0.30	-0.10	4.60	-7.00	percent	[+]
New Orders	500278.00	493817.00	565232.00	223500.00	USD Million	[+]
Factory Orders	1.40	0.50	10.40	-9.70	percent	[+]
Business Inventories	0.40	0.00	1.30	-2.00	percent	[+]
Changes in Inventories	69.03	116.00	173.21	-245.13	USD Billion	[+]
Wholesale Inventories	0.20	-0.10	2.10	-2.00	percent	[+]
Bankruptcies	22483.00	22157.00	82446.00	19695.00	Companies	[+]
Corporate Profits	1882.97	1791.42	1882.97	14.67	USD Billion	[+]
NFIB Business Optimism Index	103.10	104.70	108.80	80.10	Index Points	[+]
NY Empire State Manufacturing Index	2.00	4.80	39.00	-34.40	Index Points	[+]
Philadelphia Fed Manufacturing Index	16.80	21.80	58.50	-57.90	Index Points	[+]
Richmond Fed Manufacturing Index	1.00	-12.00	27.00	-44.00	Index Points	[+]
Ism New York Index	50.30	43.50	88.80	23.40	percent	[+]
Chicago Fed National Activity Index	-0.36	0.03	2.79	-5.28		[+]
Dallas Fed Manufacturing Index	2.70	-6.30	47.60	-59.90	Index Points	[+]
Chicago Pmi	50.40	44.40	78.60	21.20	Index Points	[+]
Car Production	2.67	2.62	9.92	1.29	Million Units	[+]
Car Registrations	417.60	466.07	1149.00	331.50	Thousand	[+]
Total Vehicle Sales	16.90	16.80	21.77	9.05	Million	[+]
Crude Oil Stocks Change	1.06	-6.91	14.42	-15.22	BBL/1Million	[+]
Natural Gas Stocks Change	78.00	84.00	147.00	-359.00	Billion cf	[+]
Gasoline Stocks Change	781.00	-682.00	11456.00	-8428.00	Thousand Barrels	[+]
Leading Economic Index	128.31	128.29	128.31	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	0.59	-7.20	14.30	-12.40	BBL/1Million	[+]
Crude Oil Rigs	733.00	738.00	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	7514.00	7276.00	11951.00	3799.00	Thousand Tonnes	[+]
Kansas Fed Manufacturing Index	-2.00	-6.00	37.00	-32.00	Index Points	[+]
Mining Production	5.10	5.90	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 September of 2019.