---
title: "FOX Business: Small-Business Confidence Boosted by Trump Election"
url: https://burnaze.com/article/6aa5172d-d45c-4057-a2b3-5e3677366913
source: "1851 Franchise"
original_url: https://1851franchise.com/fox-business-small-business-confidence-boosted-by-trump-election-8527
category: "General"
published: 2016-12-13T16:11:02.000Z
modified: 2026-11-01T02:34:46.125Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/49df83615af6846bf55a7dc4b9a6c6669320.jpg
---

# FOX Business: Small-Business Confidence Boosted by Trump Election

**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.

*originally published in 1851 Franchise on 2016-12-13. [Read the original](https://1851franchise.com/fox-business-small-business-confidence-boosted-by-trump-election-8527).*

## Story

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.

## Entities

- 1851 Franchise (publication)
- General (sector)
- Fox Business (company)
- hiring trends (topic)
- economic output (topic)
- small business confidence (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/fox-business-small-business-confidence-boosted-by-trump-election-8527). Summarized by Burnaze (https://burnaze.com/article/6aa5172d-d45c-4057-a2b3-5e3677366913).