Small Business Optimism Roars Back, Rivaling Historic Highs Small Business Optimism Index improved: expectations for sales, business conditions, and expansion rose. That’s good news for the U.S. economy. See why the “Small Businesses Optimism Index” is a good recession indicator. Image: National Federation of Independent Business (NFIB)
The “Small Businesses Optimism Index” Is a Good Recession Indicator This is not the perfect recession indicator, but when the Small Businesses Optimism Index falls below 100 or more likely below 95, then the risk of a recession remains high. And when the Small Businesses Optimism Index hits an all-time high, a recession may occur…
Why Is “Small Businesses Planning to Hire” a Good Recession Indicator? When the percentage of Small Businesses Planning to Hire, falls from a high level to less than 10%, then the risk of a recession remains high. That’s not the case today, there is no recession coming. Image: National Federation of Independent Business (NFIB)