The National Federation of Independent Business (NFIB) Small Business Optimism Index increased by 1.7 points to 103.5 in April 2019.
Most of the indicators considered in the Index showed improvement. These include plans to increase employment and inventories, earnings trends and expectation of improvement in the economy, sales and credit conditions. But plans to make capital outlays remained the same and current job openings dropped by one point.
NFIB Chief Executive Juanita D. Duggan noted that the recovery of independent and small businesses from the “shut down, slow down” of the first quarter of 2019 have continued and their growth have significantly contributed to the growth of the American economy.