The NFIB Business Optimism Index in the United States increased to 100.2 in August of 2020 from 98.8 in July of 2020 and slightly above the long-term average of 98.4. The percentage of owners thinking it is a good time to expand increased one point to 12% while expectations among small-business owners regarding the improvement of the economy and of higher sales declined. "We are seeing areas of improvement in the small business economy, as job openings and plans to hire are increasing, but many small businesses are still struggling and are uncertain about what the future will hold," NFIB's chief economist Bill Dunkelberg said.
NFIB Business Optimism Index in the United States averaged 98.38 points from 1975 until 2020, reaching an all time high of 108.80 points in August of 2018 and a record low of 80.10 points in April of 1980. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: National Federation of Independent Business
NFIB Business Optimism Index in the United States is expected to be 99.00 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 104.00 in 12 months time. In the long-term, the United States Nfib Business Optimism Index is projected to trend around 99.00 points in 2021 and 102.00 points in 2022, according to our econometric models.