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According to the November release of the NFIB Small Business Optimism Index, small businesses have a favorable view on economic growth. The index rose 2.3 points in November to 104.7, the largest monthly increase since May 2018. There was not much to not like in the report as 10 of the seven index components rose.
Highlights from the report include:
"The NFIB Uncertainty Index fell 6 points in November to 72, adding to the 4-point drop in October and the lowest reading since May 2018."
"Actual job creation in November exceeded that in October,