Sentiment – NFIB Small Business Optimism Index The NFIB Small Business Optimism Index increased by 2.2 points in October, reaching a level of 93.7. This rise in optimism among small business owners is a step in the right direction. Image: The Daily Shot
NFIB Small Business Confidence Index With the NFIB Small Business Confidence Index at 91.5 in September, often linked to recessionary periods, U.S. small business owners appear increasingly pessimistic about both their businesses and the broader economic landscape. Image: Real Investment Advice
NFIB Small Business Availability Loans vs. U.S. Initial Jobless Claims When interest rates are high, weak credit conditions can greatly affect the economy, potentially resulting in increased unemployment. Image: BofA Global Investment Strategy
Net % Bank Easing Standards for Small Business vs. NFIB Small Business Optimism Tighter lending standards have an impact on small business optimism. Image: BofA Global Investment Strategy
S&P 500 Net Margin and NFIB Small Business Survey: Demand vs. Wage Cost Composite (Leading Indicator) Is there a risk of further decline in S&P 500 margins? Image: Morgan Stanley Research
NFIB Small Business Sentiment U.S. small business sentiment is a recessionary warning. Image: BofA Global Investment Strategy
Inflation – Single Most Important Problem Facing Small Business Owners Inflation is supposed to reduce profit margins. Image: BCA Research
Fed Funds vs. NFIB Small Business Jobs Hard to Fill Historically, higher wage inflation is associated with higher Fed funds. Image: BofA Global Investment Strategy
Inflation – Small Businesses’ Single Most Important Problem Inflation and cost of labor are affecting small businesses. Image: Arbor Research & Trading LLC
Labor Market – NFIB Small Business Jobs Hard to Fill and U.S. Unemployment Rate Are extra unemployment benefits the reason hiring is so hard right now? Image: Capital Economics
U.S. Labor Market – NFIB Small Business Job Openings Hard to Fill U.S. job openings rose to a two-year high, as small businesses report difficulty filling jobs. Image: BofA Global Investment Strategy