TL;DR
Small business owners' confidence index increased from 94.9 in October to 98.4 in November, according to FOX Business. The National Federation of Independent Business’s small-business optimism index saw its highest month-to-month jump since 2011.
According to FOX Business, the National Federation of Independent Business’s small-business optimism index increased from 94.9 in October to 98.4 in November. Since 2011, this is the highest month-to-month jump and the second-highest rating in that time. The Wall Street Journal surveyed economists who said they expect that number to increase to 97.
Small business in the U.S. accounts for around half of the economic output. Now economists are trying to predict future hiring and wage trends, like an increase in employment and inventories, real sales gains and continued climbing optimism.
In this story
This story was originally published in 1851 Franchise on December 13, 2016. Burnaze summarizes and links to the original reporting.
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