The November NFIB Small Business Optimism Index rose to 107.5, up from 103.8 in October, according to the NFIB Small Business Economic Trends Report.
Eight of 10 components posted gains, including a 16-point gain in Expected Better Business Conditions and a 13-point jump in Sales Expectations.
“This is the second-highest reading in the 44-year history of the Index,” said NFIB Chief Economist Bill Dunkelberg. “The NFIB indicators clearly anticipate further upticks in economic growth, perhaps pushing up toward four percent GDP growth for the fourth quarter."
