A recent survey shows small business owners are feeling more optimistic about the economy following the election. The National Federation of Independent Businesses’ Small Business Optimism Index rose by eight points in November to 101.7, its highest reading since June 2021. The Uncertainty Index declined 12 points in November to 98, following October’s pre-election record […]
The main conceptual idea is that small business optimism about the economy has surged following the recent election. This is evidenced by: * A significant increase in the NFIB Small Business Optimism Index, reaching its highest point since June 2021. * A substantial drop in the NFIB Uncertainty Index, indicating reduced apprehension about future business prospects. The election appears to have provided a sense of clarity and stability that has boosted small business confidence.
