Optimism surges among small business owners: survey shows

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The NFIB Small Business Optimism Index, released monthly, jumped above the long-term average for the first time in nearly three years.

Wyoming/Genesee Counties from 7 PM Wednesday until 1 PM Friday. More than 12" of snow possible with areas of blowing snow.Livingston County from 7PM Wednesday through 4AM Friday. Areas of heavy lake effect snow could drop 4-7" during this time period.Small business owners are more optimistic than they have been in years, according to a new survey from the National Federation of Independent Business.The index rose by eight points in November to 101.

The election results signal a major shift in economic policy, leading to a surge in optimism and certainty among small business owners, according to the small business advocacy group. Businesses that have been in a holding pattern over the last several years amid high inflation and interest rates now feel more certain about their ability to invest in their businesses, Wade said.“And so, we did see a pickup just this last month in hiring plans and in capital spending plans,” Wade said.Small business owners feel that they won't see a tax increase at the end of 2025, Wade said.

Inflation, labor quality and taxes remain the top problems. That’s the same as last year, but inflation barely took over the top spot from labor quality.

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