The NFIB Optimism Index

The NFIB Optimism Index is a widely followed economic indicator that measures the sentiment of small business owners in the United States. Published monthly by the National Federation of Independent Business (NFIB), the index provides insights into the overall health of the small business sector and their expectations for the future.

The index is based on a survey of NFIB members, and it includes the following key components:

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1. Plans to Increase Employment

2. Plans to Make Capital Outlays

3. Plans to Increase Inventories

4. Expectations for Sales Growth

5. Current Inventory Levels

6. Earnings Trends

7. Credit Conditions

8. Expansion Plans

9. Economic Expectations

10. Job Openings Hard to Fill
     

The index is a leading indicator for the U.S. economy, as small businesses are a major driver of employment and economic activity.