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The US small business optimism index showed record values in the history

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The US small business optimism index showed record values in the history
September 17
09:00 2018

The small business optimism index is growing in America. In August, it rose by 0.8 points to 108.8. The National Federation of Independent Business reports that this value is the highest in the index history. Such observations have been carried out since 1973.  A record level of optimism was recorded at the time of Ronald Reagan in the remote 1983. Then it was equal to 108 points and since then it has not risen to such heights. Finally, the record has been beaten after 35 years.

The federation understood the issue and explained the reasons for the index growth. Small business began to feel better thanks to tax breaks and softer regulation.

Last month, 6 out of 10 index parameters showed a robust growth. Indicators of unoccupied vacancies and future jobs have increased to record levels. The index of planned investments has risen to the mark, which was fixed in the remote 2007.

The number of enterprises considering that now is an excellent time for expansion of operations has remained at the level of May indicators and is equal to 34%. This is the highest rate in the history of observations.

25% of businessmen reported that the main problem in the way of the development of their organizations was a quality workforce. And this is another record in the industry.

 

The material was prepared with the participation of Anjela Chromova,
a leading analyst of the brokerage company CT Trade

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