{"id":1004172639,"date":"2017-04-12T08:18:42","date_gmt":"2017-04-12T16:18:42","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004172639"},"modified":"2022-12-09T00:52:30","modified_gmt":"2022-12-09T08:52:30","slug":"economy-watch-small-business-optimism-still-strong","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/economy-watch-small-business-optimism-still-strong\/","title":{"rendered":"Economy Watch: Small Business Optimism Still Strong"},"content":{"rendered":"<p>By Dees Stribling, Contributing Editor<\/p>\n<div id=\"attachment_1004172642\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/04\/NFIB-optimism-graph-0417.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004172642\" data-attachment-id=\"1004172642\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-small-business-optimism-still-strong\/nfib-optimism-graph-0417\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/04\/NFIB-optimism-graph-0417.jpg\" data-orig-size=\"600,393\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"NFIB optimism-graph-0417\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Source: NFIB March 2017 Report, Small Business Optimism Index&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/04\/NFIB-optimism-graph-0417.jpg?w=600\" class=\"size-medium wp-image-1004172642\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/04\/NFIB-optimism-graph-0417.jpg\" alt=\"Source: NFIB March 2017 Report, Small Business Optimism Index\" width=\"300\" height=\"197\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/04\/NFIB-optimism-graph-0417.jpg 600w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/04\/NFIB-optimism-graph-0417.jpg?resize=300,197 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004172642\" class=\"wp-caption-text\">Source: NFIB March 2017 Report, Small Business Optimism Index<\/p><\/div>\n<p>The surge in small business optimism that began in November of last year was sustained in March, according to the National Federation of Independent Business&#8217; Small Business Economic Trends Report, which was released on Tuesday. Optimistic small businesses tend to hire more people, and they tend\u2014in the aggregate\u2014to take more office and industrial space when in an expansion mode.<\/p>\n<p>The index slipped 0.6 points in March to 104.7, but that&#8217;s still a very strong reading, according to NFIB Chief Economist Bill Dunkelberg. Actual earnings, capital expenditure plans and job-creation plans posted gains in March. Sales expectations, which have been high for months, dropped by 8 points, a sign that the Optimism Index could be moderating after a strong run.<\/p>\n<p>Dunkelberg noted that while the overall index remained strong in March, a significant increase in the Uncertainty Index\u2014a subset of data on how small business owners see the near-term future\u2014could indicate trouble on the horizon. \u201cThe Uncertainty Index hit 93 in March, which is the second-highest reading in the survey\u2019s history,\u201d he said. \u201cMore small business owners are having a difficult time anticipating the factors that affect their businesses, especially government policy.\u201d<\/p>\n<p>Most of the March data were collected before Congress failed to pass a bill to repeal the Affordable Care Act. \u201cThe April data, due out in May, will tell us much more about how small business owners are processing the events in Washington,\u201d said Duggan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since last November, small business owners have been feeling confident about their prospects, which could lead them to take on more office and industrial space as they expand, according to the National Federation of Independent Business&#8217; latest economic trends report.<\/p>\n","protected":false},"author":1023,"featured_media":1004172642,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742],"tags":[34968,34967],"class_list":["post-1004172639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest","tag-national-federation-of-independent-business","tag-national-federation-of-independent-businesses"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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