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Small Business Optimism Index Sustains Record Highs In April. (05/08/2018)

NFIB’s Small Business Economic Trends Survey saw the “17th consecutive month of historically high readings” in April. NFIB CEO and President Juanita Duggan is quoted saying, “Never in the history of this survey have we seen profit trends so high. ... The optimism small businesses owners have about the economy is turning into new job creation, increased wages and benefits, and investment.” Positive profit trends increased in April due to stronger sales, productivity gains, and the new tax law, while 22 percent cited the difficulty of finding qualified workers as the single most important business problem. Chief Economist Bill Dunkelberg is quoted saying, “There is no question that small business is booming. ... Consumer spending, the new tax law, and lower regulatory barriers are all supporting the surge in optimism across all small business industry sectors.”

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