“The National Federation of Independent Businesses said the optimism has only been this high three times in the last 43 years and has consistently been high all year long.”
Boom: Record high business optimism, need for employees at 45-year high
By Paul Bedard
Washington Examiner
November 13, 2018
The record level of economic optimism among small businesses is continuing, and those firms trying to fill jobs is at a 45-year high, according to a new industry report.
The National Federation of Independent Businesses said the optimism has only been this high three times in the last 43 years and has consistently been high all year long.
“For two years, small business owners have expressed record levels of optimism and are proving to be a driving force in this rapidly growing economy,” said NFIB President and CEO Juanita D. Duggan. “The October optimism index further validates that when small businesses get tax relief and are freed from regulatory shackles, they thrive and the whole economy prospers.”
This year’s level has floated between 104 and 108 and in October was 107.4.
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In addition, companies are planning to expand and add inventory.
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