Friday , September 20 2019
Home / Calculated Risk / Small Business Optimism Index increased in April

Small Business Optimism Index increased in April

Summary:
CR Note: Most of this survey is noise, but there is some information, especially on the labor market and the "Single Most Important Problem".From the National Federation of Independent Business (NFIB): April 2019 Report: Small Business Optimism IndexThe Small Business Optimism Index improved, increasing 1.7 points to 103.5. One Index component fell, one was unchanged, and eight improved. ..More new jobs were created in April, although at a slower pace than in the last quarter, with a net addition of 0.32 workers per firm.…Twenty-four percent of owners cited the difficulty of finding qualified workers as their Single Most Important Business Problem, 1 point below the record high. emphasis added Click on graph for larger image.This graph shows the small business optimism index since 1986.The

Topics:
Calculated Risk considers the following as important:

This could be interesting, too:

Calculated Risk writes Friday: Q2 Flow of Funds

Calculated Risk writes Revisiting: Has Housing Market Activity Peaked?

Doug Short writes Five Decades of Middle-Class Wages: August 2019 Update

Rusty Guinn writes Death in Slow Motion

CR Note: Most of this survey is noise, but there is some information, especially on the labor market and the "Single Most Important Problem".

From the National Federation of Independent Business (NFIB): April 2019 Report: Small Business Optimism Index
The Small Business Optimism Index improved, increasing 1.7 points to 103.5. One Index component fell, one was unchanged, and eight improved.
..
More new jobs were created in April, although at a slower pace than in the last quarter, with a net addition of 0.32 workers per firm.

Twenty-four percent of owners cited the difficulty of finding qualified workers as their Single Most Important Business Problem, 1 point below the record high.
emphasis added
Small Business Optimism Index increased in AprilClick on graph for larger image.

This graph shows the small business optimism index since 1986.

The index increased to 103.5 in April.

Note: Usually small business owners complain about taxes and regulations (currently 2nd and 3rd on the "Single Most Important Problem" list).  However, during the recession, "poor sales" was the top problem. Now the difficulty of finding qualified workers is the top problem.

Leave a Reply

Your email address will not be published. Required fields are marked *