America's Current & Future Economic Situation - By Ted Kavadas
Tuesday, September 10, 2019
NFIB Small Business Optimism – August 2019
The August NFIB Small Business Optimism report was released today, September 10, 2019. The headline of the Economic Trends report is “Small Business Optimism Remains Steady…”
The Index of Small Business Optimism decreased in August by 1.6 points to 103.1.
Here is an excerpt that I find particularly notable (but don’t necessarily agree with):
The NFIB Small Business Optimism Index fell 1.6 points to 103.1, remaining within the top 15 percent of readings. Overall, August was a good month for small business. However, optimism slipped because fewer owners said they expect better business conditions and real sales volumes in the coming months. Job creation accelerated, positive earnings trends improved, and quarter-on-quarter sales gains remained strong.
Here is a chart of the NFIB Small Business Optimism chart, as seen in the September 10 post on the Doug Short site titled “NFIB Small Business Survey…“: