The NFIB Small Business Optimism Index in the United States increased to 90.9 in February of 2023, the highest in three months, from 90.3 in January. About 38% of owners reported raising average selling prices, down 4 points from January. Still, companies continue to experience difficulties finding workers. Forty-seven percent of owners reported job openings that were hard to fill, up 2 points from January and 28% reported that inflation was their single most important problem, also up 2 points. source: National Federation of Independent Business

NFIB Business Optimism Index in the United States averaged 98.23 points from 1975 until 2023, 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 March of 2023.

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.

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United States Nfib Business Optimism Index



Calendar GMT Actual Previous Consensus TEForecast
2023-02-14 11:00 AM Jan 90.3 89.8 90.5
2023-03-14 10:00 AM Feb 90.9 90.3 90.4
2023-04-11 10:00 AM Mar 90.9 85


Related Last Previous Unit Reference
NFIB Business Optimism Index 90.90 90.30 points Feb 2023

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
90.90 90.30 108.80 80.10 1975 - 2023 points Monthly
SA

News Stream
US Small Business Optimism at 3-Month High
The NFIB Small Business Optimism Index in the United States increased to 90.9 in February of 2023, the highest in three months, from 90.3 in January. About 38% of owners reported raising average selling prices, down 4 points from January. Still, companies continue to experience difficulties finding workers. Forty-seven percent of owners reported job openings that were hard to fill, up 2 points from January and 28% reported that inflation was their single most important problem, also up 2 points.
2023-03-14
US Small Business Optimism Improves Slightly
The NFIB Small Business Optimism Index in the United States went up to 90.3 in January of 2023 from a six-month low of 89.9 in December but still remained below its 49-year average of 98. The proportion of owners expecting better business conditions over the next six months increased (up 6 points to -45%). Still, 26% of owners see inflation as their single most important problem (down 6 points) and about 42% of owners raised average selling prices (down 1 point). Also, 45% percent of owners said job openings were hard to fill (up 4 points) and the expectations for real sales to be higher worsened by 4 points to -14%. “While inflation is starting to ease for small businesses, owners remain cynical about future business conditions”. “Owners have a negative outlook on the small business economy but continue to try to fill open positions and return to a full staff to improve productivity.”
2023-02-14
US Small Business Optimism at 6-Month Low
The NFIB Small Business Optimism Index in the United States declined to a six-month low of 89.8 in December of 2022, marking the 12th straight month below the 49-year average of 98 as sales and business conditions are expected to deteriorate. Expectations for better business conditions over the next six months worsened by 8 points to -51%. Also, the net percent of owners who expect real sales to be higher worsened by 2 points to -10%. On the positive side, 41% of owners reported job openings that were hard to fill, down 3 points but historically very high. Inflation remains the single most important business problem with 32% of owners reporting it as their top problem in operating their business. Meanwhile, the net percent of owners raising average selling prices decreased by 8 points to a net 43%, but still remained historically high.
2023-01-10