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NFIB Weekly News Leading the News

Record Number Of Small Business Owners Consider Now A Good Time To Expand. (02/13/2018)

The NFIB’s Small Business Economic Trends Survey (2/12) for January saw a “record” number of small business owners say that now is a good time to expand. Furthermore, reported actual earnings climbed to the highest level reported since 1988. NFIB president and CEO Juanita Duggan is quoted saying, “Main Street is roaring. ... Small business owners are not only reporting better profits, but they’re also ready to grow and expand. The record level of enthusiasm for expansion follows a year of record-breaking optimism among small businesses.” NFIB Chief Economist Bill Dunkelberg is quoted saying, “The historically high index readings over the last year tell us small business owners have never been more positive about the economy. ... This is in large response to the new management in Washington tackling the biggest concerns of small business owners – high taxes and regulations.”

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