The NFIB's Small Business Optimism Index in the US came in at 101.8 in March 2019, little-changed from the previous month's 101.7 and above market expectations of 101.3. The latest reading remained at a historically strong level and signaled that small businesses continue to power the economy after being briefly shaken by January’s government shutdown. Five Index components improved, two were unchanged, and three fell. Labor market indicators improved; the outlook for expansion, real sales and reports of rising earnings gained ground; and capital spending plans held steady. The major soft spot was in inventories with stocks viewed as too large and plans to invest in inventories turning slightly negative, with more firms planning reductions than additions. NFIB Business Optimism Index in the United States averaged 98.27 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 105.00 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 94.00 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
2019-01-08 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 101.8 101.7 101.3 102
2019-05-14 10:00 AM NFIB Business Optimism Index 101.8 102
2019-06-11 10:00 AM NFIB Business Optimism Index 101
2019-07-09 09:45 AM NFIB Business Optimism Index 105


United States Business Last Previous Highest Lowest Unit
Business Confidence 55.30 54.20 77.50 29.40 Index Points [+]
Manufacturing PMI 52.40 52.40 57.90 50.70 [+]
Services PMI 52.90 55.30 61.00 49.30 Index Points [+]
Non Manufacturing PMI 56.10 59.70 62.00 37.80 [+]
Composite Pmi 52.80 54.60 61.00 50.00 Index Points [+]
Industrial Production 2.80 3.50 62.00 -33.70 percent [+]
Industrial Production Mom -0.10 0.10 16.60 -10.40 percent [+]
Manufacturing Production 1.00 1.10 67.90 -39.40 percent [+]
Capacity Utilization 78.80 79.00 89.39 66.69 percent [+]
Durable Goods Orders 2.70 -1.10 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense 2.30 -1.70 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation 0.40 -0.20 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.30 -0.10 4.60 -7.20 percent [+]
New Orders 497474.00 500479.00 565232.00 223500.00 USD Million [+]
Factory Orders -0.50 0.00 10.60 -10.00 percent [+]
Business Inventories 0.30 0.90 1.30 -2.00 percent [+]
Changes in Inventories 96.80 89.77 166.37 -245.13 USD Billion [+]
Wholesale Inventories 0.20 1.20 2.10 -2.00 percent [+]
Bankruptcies 22232.00 22103.00 82446.00 19695.00 Companies [+]
Corporate Profits 2076.20 2076.82 2076.82 14.70 USD Billion [+]
NFIB Business Optimism Index 101.80 101.70 108.80 80.10 Index Points [+]
Ism New York Index 66.90 61.10 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 8.50 13.70 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 10.10 3.70 39.00 -34.40 Index Points [+]
Richmond Fed Manufacturing Index 3.00 10.00 29.00 -44.00 Index Points [+]
Chicago Fed National Activity Index -0.15 -0.31 2.78 -5.27 [+]
Dallas Fed Manufacturing Index 8.30 13.10 47.10 -60.10 Index Points [+]
Chicago Pmi 58.70 64.70 78.60 21.20 Index Points [+]
Car Production 2.46 2.64 9.92 1.29 Million Units [+]
Car Registrations 389.93 445.50 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.45 16.57 21.77 9.05 Million [+]
Crude Oil Stocks Change 5.48 -1.40 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 92.00 25.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -2129.00 -1174.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 125.56 125.17 125.56 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 6.90 -3.10 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 825.00 833.00 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 6896.00 7647.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 10.50 12.70 108.20 -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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
101.80 101.70 108.80 80.10 1975 - 2019 Index Points Monthly
SA




Country Last Previous
United States 101.80 Mar/19


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