2017 Economic Calendar
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NFIB Small Business Optimism Index  
Released On 8/8/2017 6:00:00 AM For Jul, 2017
PriorConsensusConsensus RangeActual
level103.6 103.2 102.0  to 104.0 105.2 
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
Small businesses are responsible for a majority of new job creation and the NFIB focuses on this sector of the economy. The direction of the health of small businesses can portend changes in the stock market - especially small caps.

Frequency
Monthly

Source
National Federation of Independent Business

Availability
Second Tuesday of each month.

Coverage
Data are for the previous month. Data for June are released in July.

Revisions
No

 

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