Small Busineses Optimistic... but Slightly Less So

Reuters: “The National Federation of Independent Business said its Small Business Optimism Index “shifted out of overdrive” in February, slipping 3.2 points to 102.6.

No, those numbers shouldn’t mean anything to you. However, they are an interesting indicator of the level of the confidence level of small business owners around the country– kind of like a “consumer confidence index” for small biz. Although slightly lower than the previous month, things are still looking good…

The February reading is relatively low compared to the ‘hiring binge’ era of 1995-2000, but is as good as it got in the 1980s expansion, one of the best job-creating expansions in U.S. history…