Optimism in small businesses in the U.S. jumped in December, reaching an 8-year high, the National Federation of Independent Business said Tuesday.
The NFIB’s Small Business Optimism Survey rose 2.3 points to 100.4 last month, higher than it has been since October 2006, indicating positive gains in eight of the survey’s 10 indices.
This graph from the NFIB shows the scoring results from the Small Business Optimism Survey, which returned to pre-recession numbers last month. (Click graph to enlarge.)
“The Index showed strength in November but most of the gains were confined to just two categories,” NFIB Chief Bill Dunkelberg said. “The December Index shows much broader strength led by a significant increase in the number of owners who expect higher sales. This could be a breakout for small business. There’s no question that small business owners are feeling better about the economy. If they continue to feel that way, 2015 could be a very good year.”
To view the full 23-page report, click here.