Small business optimism increased 3.8 points in September to a level of 104.0 on the National Federation of Independent Business Optimism Index.
“As parts of the country continue to open, small businesses are seeing some improvements in foot traffic and sales,” NFIB Chief Economist Bill Dunkelberg stated. “However, some small businesses are still struggling financially to operate at full capacity while navigating state and local regulations and are uncertain about what will happen in the future.”
The NFIB Uncertainty Index increased 2 points in September to 92, which is up from 75 in April.
Owners expecting better business conditions over the next 6 months grew 8 points on the NFIB’s index to a net 32%, and real sales expectations in the next 3 months increased 5 points to a net 8%.
The full NFIB report can be found here.
