The February 2025 NFIB Small Business Optimism report was released today, March 11, 2025.
The Index of Small Business Optimism decreased by 2.1 points to 100.7.
Here is an excerpt that I find particularly notable (but don’t necessarily agree with):
This is the fourth consecutive month above the 51-year average of 98 and is 4.4 points below its most recent peak of 105.1 in December. The Uncertainty Index rose four points to 104 – the second highest recorded reading.
Below is a chart of the NFIB Small Business Optimism chart, as seen in the full February 2025 NFIB Small Business Economic Trends (pdf) report:
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 5594.09 as this post is written
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