NFIB Small Business Optimism Index
Released On 6/10/2014 7:30:00 AM For May, 2014
Prior Consensus Consensus Range Actual
level 95.2 95.5 95.0 to 96.5 96.6
Highlights
Boosted by a jump in the outlook, the small business optimism index rose sharply for a second straight month, up 1.4 points to 96.6 for the best reading of the recovery, since September 2007. The biggest monthly gains come from those who expect the economy to improve followed by sales expectations. Earnings trends are also up as are expansion plans and, very importantly, hiring plans. Economic data have been rebounding out of the slow winter and now include small business sentiment.