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Small business owners more optimistic after election

  • Small business optimism is now higher than any time during the Biden administration, with the National Federation of Independent Business' Small Business Optimism Index jumping 3.4 points to 105.1 in December, the highest reading since October 2018.
  • The net percent of owners expecting the economy to improve rose 16 points from November to a seasonally adjusted 52%, the highest since the fourth quarter of 1983, according to NFIB.
  • The percent of small business owners believing it is a good time to expand their business rose six points to 20%, which is the highest reading since February 2020, as reported by NFIB.
  • NFIB Chief Economist Bill Dunkelberg stated, 'Optimism on Main Street continues to grow with the improved economic outlook following the election.
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