The February 2026 NFIB Small Business Optimism report was released today, March 10, 2026.
The Index of Small Business Optimism decreased by .5 points to 98.8.
Here is an excerpt that I find particularly notable (but don’t necessarily agree with):
The NFIB Small Business Optimism Index fell 0.5 points in February to 98.8 but remained slightly above the 52-year average of 98. The Uncertainty Index decreased three points from January to 88.
Below is a chart of the NFIB Small Business Optimism chart, as seen in the February 2026 NFIB Small Business Economic Trends (pdf) report:
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 6778.12 as this post is written
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