Small Business Owners Feel Better Featured

By Staff Writer April 12, 2019 562

The National Federation of Independent Businesses’ Small Business Optimism Index increased to 101.8 in March, after being briefly shaken by January’s government shutdown.

Overall, the Index anticipates solid growth, keeping the economy at full employment with no signs of a recession in the near term. The Uncertainty Index dropped six points to 79, returning to a more normal level for recent years.

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 – more firms planning reductions than additions.

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Last modified on Friday, 12 April 2019 11:51