The NFIB Small Business Optimism Index in the United States fell to a three-month low of 91.3 in October of 2022, compared to 92.1 in September. Thirty-three percent of owners reported that inflation was the most important issue in operating their business, up three points from September. At the same time, the number of owners who plan to increase employment in the next three months fell to 20% and 50% said they raised average selling prices. "Owners continue to show a dismal view about future sales growth and business conditions, but are still looking to hire new workers," NFIB Chief Economist Bill Dunkelberg said. source: National Federation of Independent Business

NFIB Business Optimism Index in the United States averaged 98.30 points from 1975 until 2022, 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 November of 2022.

NFIB Business Optimism Index in the United States is expected to be 85.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Nfib Business Optimism Index is projected to trend around 100.00 points in 2023 and 102.00 points in 2024, according to our econometric models.

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United States Nfib Business Optimism Index



Calendar GMT Actual Previous Consensus TEForecast
2022-10-11 10:00 AM Sep 92.1 91.8 91.2
2022-11-08 11:00 AM Oct 91.3 92.1 92
2022-12-13 11:00 AM Nov 91.3 89


Related Last Previous Unit Reference
NFIB Business Optimism Index 91.30 92.10 points Oct 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
91.30 92.10 108.80 80.10 1975 - 2022 points Monthly
SA

News Stream
US Small Business Optimism Deteriorates
The NFIB Small Business Optimism Index in the United States fell to a three-month low of 91.3 in October of 2022, compared to 92.1 in September. Thirty-three percent of owners reported that inflation was the most important issue in operating their business, up three points from September. At the same time, the number of owners who plan to increase employment in the next three months fell to 20% and 50% said they raised average selling prices. "Owners continue to show a dismal view about future sales growth and business conditions, but are still looking to hire new workers," NFIB Chief Economist Bill Dunkelberg said.
2022-11-08
US Small Business Optimism at 4-Month High
The NFIB Small Business Optimism Index in the United States rose to a four-month high of 92.1 in September of 2022 from 91.8 in August. 46% of owners reported job openings they could not fill last month, down three points from August. Also, 30% reported that inflation was their single most important issue in operating their business, up one point from August. Meanwhile, less owners expect better business conditions over the next six months (-44%). “Inflation and worker shortages continue to be the hardest challenges facing small business owners. Even with these challenges, owners are still seeking opportunities to grow their business in the current period”, NFIB Chief Economist Bill Dunkelberg said.
2022-10-11
US Small Business Optimism Up for 2nd Month
The NFIB Small Business Optimism Index in the United States increased for a second month to 91.8 in August of 2022 from 89.9 in July, with falling energy and specially gas prices offering companies some relief. 29% percent of owners reported that inflation was their most important problem in operating their business, down 8 points from July's reading, which was the highest since the fourth quarter of 1979. The share of owners expecting better business conditions over the next six months increased 10 points to -42%.
2022-09-13