2011 Economic Calendar
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NFIB Small Business Optimism Index
Released On 6/14/2011 7:30:00 AM For May, 2011
PriorActual
level91.2 90.9 

Highlights
You would never know the economy is in recovery based on reports from the National Federation of Independent Business whose small business optimism index continues to move south, down three tenths in May to a recessionary level of 90.9. The report points to weak consumer spending as the main factor, one that's hitting services which is a central sector to small businesses. The report has a sharp political tone saying, without much detail, that Washington policies aren't encouraging small businesses to hire. The report's job creation indications are deteriorating with capital spending and inventory plans weakening. One in four respondents say weak sales are their top problem. Inflation is also cited as a major concern.

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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