US March NFIB small business optimism index 98.2 vs 98.5 expected

Apr 13, 2021

Latest data released by NFIB – 13 April 2021

US small businesses saw optimism grow as the index climbs to a four-month high in anticipation of stronger sales and expansion opportunities in the months ahead.

NFIB notes that:

“Main Street is doing better as state and local restrictions are eased, but finding qualified labour is a critical issue for small businesses nationwide. However, owners remain determined to hire workers and grow their business.”

Despite the more positive headline reading, the uncertainty index did increase to 81 – a three-month high – and is up from 75 (lowest since April last year) in February.

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Courtesy of the Forex Mix