2011 Economic Calendar
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NFIB Small Business Optimism Index
Released On 3/8/2011 7:30:00 AM For Feb, 2011
PriorActual
level94.1 94.5 

Highlights
The economic recovery is beginning to take hold at the small business level, according to the National Federation of Independent Business whose index rose four tenths to 94.5 in February. Details are very positive including gains for hiring and expectations that price cutting is finally coming to an end. Another positive is that small businesses now see their inventories as too low, not too high, which points to a cycle of restocking. Except for housing, economic data are turning higher -- right when a possible oil shock is unfolding.

Definition
The small business optimism index is compiled from a survey that is conducted each month by the National Federation of Independent Business (NFIB) of its members. The index is a composite of ten seasonally adjusted components based on questions on the following: plans to increase employment, plans to make capital outlays, plans to increase inventories, expect economy to improve, expect real sales higher, current inventory, current job openings, expected credit conditions, now a good time to expand, and earnings trend.  Why Investors Care
 

 

2011 Release Schedule
Released On: 1/112/83/84/125/106/147/128/99/1310/1111/812/13
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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