2011 Economic Calendar
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NFIB Small Business Optimism Index
Released On 9/13/2011 7:30:00 AM For Aug, 2011
PriorActual
level89.9 88.1 

Highlights
Confidence among small businesses fell for the sixth straight month, down 1.8 points in August to 88.1. The top problem is sales where more firms are currently in a downtrend than an uptrend which in turn is hurting earnings. Expectations for future sales are also in decline. Only five percent of the sample say it's a good time to expand. On the positive side, more firms plan to create new jobs over the next three months and more are reporting unfilled job openings.

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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