The Small Business Optimism Index”dips”in December


By Calculated risk 1/15/2020 11:15:00

CR Note: This was released yesterday. Most of the survey is noise, but some information, particularly in the labour market, as well as”one of the most important problems.”

From the National Federation of Independent Business(NFIB): the 2019 report: Small Business Optimism dips in December

Small business optimism ended the year in the history of the strong, With a reading of 102. 7, down 2 points from November.
..
Net job creation have faded from February’s 0. 52 workers per company in September of 0. 10, but in the powerful territory. Finding qualified staff remains a primary problem for 23 percent reported this as their number one problem4 points next month’s record high.
Emphasis added

The Small Business Optimism IndexClick to view a larger image.

This figure shows the Small Business Optimism Index since 1986.

The index fell to 102. 7 in.

Note: usually for small businesses complain about taxes and regulations(the current paragraphs 2 and 3 on the”single most important problem”list). However, during the recession,”poor sales”was the top issue. Now it is difficult to find qualified workers is the top issue.

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