Saturday, January 14, 2012

Small Business Optimism Continues To Rise

Small business optimism is on the rise, according to a survey of 725 small businesses by the National Federation of Independent Business (NFIB).

The NFIB small-business optimism index rose 1.8 points to 93.8 in December, continuing a four month upward trend and indicating the upward momentum may continue into 2012. However, even with the increases, NFIB points out the index's readings are still in "recession territory."

Several positive factors emerged in the December survey, including a 6 point increase in reports of positive earnings and a 2 point increase of those reporting higher profits. Still, fourth quarter sales did not meet expectations, only gaining 4 points to a net negative 7 percent, which indicated that there are still more businesses with decreasing than increasing sales. In the survey, 23 percent of owners indicated that weak sales was their top business problem. Read more....



  2. asked joe, 1st thing in the morn, not a morning person joe said blaaaah. Asked moe, just after a nice lunch of pizza, fat and happy he said whooohoo! what's in a survey...the times asked? LOL


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