Submit Your Article Advertise Newsletter
Subscribe to our RSS feed!

NFIB Optimism Index Shows Improvement


March-into-April bounce

Compared to any time between, say, the start of 2003 and the end of 2007, the latest entry in the NFIB's Optimism Index looks kind of depressing.  Compared to March, however, the April results seem encouraging.

"The Index of Small Business Optimism rose 1.9 points in April to 91.5," a new report states.  "Only one Index component fell, the other nine were either unchanged or posted a gain.  Half of the gain was accounted for by an improved outlook for business conditions six months out, and a quarter of the gain resulted from improved earnings trends."

Of course, 91.5 is still a ways off from 107.7, which the index reached in November of 2004, and Anita Campbell writes, "Remember that sentiment is about how confident business owners feel about the economy and the decisions they are making to spend, hire and otherwise run their businesses.  It's not a measure of actual results."

Any gain is good at this point, though.  And since small business owners play a rather large role in the economy, their opinions can form into fact.

Keep thinking happy thoughts, then, and we'll see how May's numbers turn out.

AddThis Social Bookmark Widget

News Tags: Optimism Index, NFIB
About the author:
Doug Caverly is a staff writer for SmallBusinessNewz.

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
SmallBusinessNewz: Become A Partner
We want you!
Writing for SmallBusinessNewz is a great way to have your articles read by many business owners around the world. You'll also get the added benifit of helping others learn from your experiences.
Full Name:
Email:
Website:
All fields required. Actual article
submission begins on next page.
Visit the SmallbBusinessNewz Directory
Do you have a business site?
Submit your business related site FREE!
Accounting
Book Keeping, Training...

Advertising
PPC, Print, Banner...

Investing
VCs, Mutual Funds...
Brick and Mortar
Stores, Offices...

Research/Studies
Research, Data, Studies...

Tips/Tutorials
Tips, Advice, Tutorials...
» Submit your site «
DirectoryBlog.WebProNews
Latest News on: DirectoryBlog.WebProNews
Need Software For Your SMB? Look No Further!

Last week, WebProNews was privileged to conduct an interview via Skype with Alex Bard, the Vice President and General Manager of Desk.com, about its new cloud-based customer service software. This...
Subscribe to SBN


Send me relevant info

Get Your Site Submitted for Free in the World's Largest B2B Directory!

*Mandatory Field
* *

Free Downloads