Small business optimism rises amid incurable certainty

Optimism increased between small companies last month, as the respondents reported better working conditions, despite the uncertainty about definitions and inflation.

The National Independent Business Union (NFIB) said on Tuesday that the small commercial optimism index rose 1.7 points in July to 100.3, higher than the long -term medium of the index of 98.

The factors that contributed to the rise were that the respondents who reported better working conditions and said it might be the time to expand. About 16 percent of the respondents said it was the time to expand their business, an increase of 5 points from June.

The index of uncertainty increased by 8 points from June to 97.

“Optimism has increased a little in July, when those with positive expectations about working conditions and expansion opportunities have been informed. While uncertainty is still high, the next six months we hope that business owners will provide more clarity, especially since the owners see that the congressional results make the discount of small companies amounting to 20 percent permanent and the final policy of trade policy,”

“Meanwhile, the quality of work has become the first issue on the main street again,” he added.

When discussing their general health health, 52 percent of the respondents said it was “good”, 13 percent said it was “excellent”, 4 percent said he was “poor” and said 31 percent that he was “fair”.

About 11 percent of the owners said inflation was the most important problem in managing their business. About 6 percent of the owners expect real sales sizes higher.