United States Nfib Business Optimism Index

The NFIB's Small Business Optimism Index in the US edged up to 101.7 in February of 2019 from 101.2 in January which was the lowest reading since November of 2016, when President Trump was elected. It compares with market expectations of 102. Views about future business conditions and the current period as a good time to expand improved as did plans to make capital outlays. Earnings trends weakened, as a million laid off workers and others affected by the shutdown cut back on spending. The loss of sales falls right to the bottom line. Worker compensation and selling prices were lower in February than they were in January, but job openings rebounded remaining at historically high levels. The Uncertainty Index fell 1 point to 85, a small decline but still showing a lot of residual uncertainty from the government shutdown. NFIB Business Optimism Index in the United States averaged 98.26 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 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
2018-12-11	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	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				107
2019-05-14	10:00 AM	NFIB Business Optimism Index				102
2019-06-11	10:00 AM	NFIB Business Optimism Index				101

United States Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	54.20	56.60	77.50	29.40	Index Points	[+]
Manufacturing PMI	53.00	54.90	57.90	50.70		[+]
Services PMI	56.00	54.20	61.00	49.30	Index Points	[+]
Non Manufacturing PMI	59.70	56.70	62.00	37.80		[+]
Composite Pmi	55.50	54.40	61.00	50.00	Index Points	[+]
Industrial Production	3.50	3.90	62.00	-33.70	percent	[+]
Industrial Production Mom	0.10	-0.40	16.60	-10.40	percent	[+]
Manufacturing Production	1.00	2.80	67.90	-39.40	percent	[+]
Capacity Utilization	78.23	78.26	89.39	66.71	percent	[+]
Durable Goods Orders	0.40	1.30	23.50	-19.00	percent	[+]
Durable Goods Orders Ex Defense	0.70	2.20	26.00	-19.70	percent	[+]
Durable Goods Orders Ex Transportation	-0.10	0.30	7.50	-6.80	percent	[+]
Factory Orders Ex Transportation	-0.20	-0.50	4.60	-7.20	percent	[+]
New Orders	499876.00	499194.00	565232.00	223500.00	USD Million	[+]
Factory Orders	0.10	0.10	10.60	-10.00	percent	[+]
Business Inventories	0.60	0.00	1.30	-2.00	percent	[+]
Changes in Inventories	97.07	89.77	166.37	-245.13	USD Billion	[+]
Wholesale Inventories	1.10	0.40	2.10	-2.00	percent	[+]
Bankruptcies	22232.00	22103.00	82446.00	19695.00	Companies	[+]
Corporate Profits	2076.82	2007.53	2076.82	14.70	USD Billion	[+]
NFIB Business Optimism Index	101.70	101.20	108.80	80.10	Index Points	[+]
Ism New York Index	61.10	63.40	88.80	23.40	percent	[+]
Philadelphia Fed Manufacturing Index	-4.10	17.00	58.50	-57.90	Index Points	[+]
NY Empire State Manufacturing Index	3.70	8.80	39.00	-34.40	Index Points	[+]
Richmond Fed Manufacturing Index	16.00	-2.00	29.00	-44.00	Index Points	[+]
Chicago Fed National Activity Index	-0.43	0.05	2.77	-5.25		[+]
Dallas Fed Manufacturing Index	13.10	1.00	47.10	-60.10	Index Points	[+]
Chicago Pmi	64.70	56.70	78.60	21.20	Index Points	[+]
Car Production	2.64	2.61	9.92	1.29	Million Units	[+]
Car Registrations	445.50	401.53	1149.00	331.50	Thousand	[+]
Total Vehicle Sales	16.57	16.70	21.77	9.05	Million	[+]
Crude Oil Stocks Change	-3.86	7.07	14.42	-15.22	BBL/1Million	[+]
Natural Gas Stocks Change	-204.00	-149.00	147.00	-359.00	Billion cf	[+]
Gasoline Stocks Change	-4624.00	-4227.00	11456.00	-8428.00	Thousand Barrels	[+]
Leading Economic Index	125.13	124.80	125.13	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	-2.13	-2.58	14.30	-12.40	BBL/1Million	[+]
Crude Oil Rigs	833.00	834.00	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	7647.00	7568.00	11951.00	3799.00	Thousand Tonnes	[+]
Mining Production	12.50	15.40	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 March of 2019.