2013 Economic Calendar
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NFIB Small Business Optimism Index  
Released On 3/12/2013 7:30:00 AM For Feb, 2013
PriorConsensusConsensus RangeActual
level88.9 90.1 87.0  to 91.0 90.8 

Highlights
Optimism is up among small business owners based on a solid 1.9 point gain in the small business optimism index to 90.8 in February. Inventory building, which is often a sign of optimism, leads February's gain followed by plans to increase capital outlays which is another sign of optimism. Gains are wide across components and also include a rise in current job openings. Despite the month's strengths, the report notes that the index level remains in recessionary ground.

Consensus Outlook
The NFIB Small Business Optimism Index improved nine tenths in January but remained depressed at 88.9. Most readings did improve in the month, led by the economic outlook and earnings trend, but levels remained near record lows. Hiring and plans for job creation also improved.

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 10 seasonally adjusted components based on the following questions: 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
 
 

2013 Release Schedule
Released On: 1/82/123/124/95/146/117/98/139/1010/811/1212/10
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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