Small Business Optimism Up Again and At 35-Year High … Just Shy of the July 1983 Record-High of 108
MAKING AMERICA GREAT AGAIN!!!
As reported at FOX Business, Small business owners’ optimism hit a 35 year high in July at 107.9, just shy of the July 1983 record-high of 108. Small businesses also set records in terms of job creation and hiring. President Donald Trump is doing an incredible job of creating an environment conducive to business, the economy and unemployment. Small businesses are the backbone of the American economy and this type of optimism has not been seen since the days of Ronald Reagan. AMAZING!!!
Small business owners’ optimism touched a 35-year high in July, with businesses setting records in terms of job creation and hiring, while they cited the availability of qualified workers as their biggest challenge. In another signal of just how good this economy is, the small business owners also noted that they were able to increase prices.
In July 2018, the NFIB’s Small Business Optimism Index marked its second highest level in the survey’s 45-year history, at 107.9 – just shy of the July 1983 record-high of 108.
Records were set for job creation plans. A seasonally-adjusted net 23 percent of businesses are planning to create new jobs, while 37 percent of business owners said they had job openings that they could not fill in July.
“Small business owners are leading this economy and expressing optimism rivaling the highest levels in history,” said NFIB President and CEO Juanita Duggan. “Expansion continues to be a priority for small businesses who show no signs of slowing as they anticipate more sales and better business conditions.”
Posted August 15, 2018 by Scared Monkeys
Business, Capitaism, Donald Trump, Donald Trump - Mike Pence 2016, Economy, Jobs, Labor Force, Making America Great Again | one comment
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One Response to “Small Business Optimism Up Again and At 35-Year High … Just Shy of the July 1983 Record-High of 108”
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Tax cuts and removal of foolish government regulations always unleashes the economy.
Government is the retardant of good business growth.
The bloated government agencies need to be cut to one-half of their present size and the Congress needs to stop spending money that does nothing for the people.