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US Small Business Optimism Hits 3-Year High As Election Results 'Signal A Major Shift'

Benzinga ·  Dec 10, 2024 15:34

Small businesses across the U.S. are heading into the holiday season with newfound confidence and momentum.

The Small Business Optimism Index surged to 101.7 in November 2024, marking a a significant rebound from October's 93.7, as reported by the National Federation of Independent Business (NFIB) on Friday.

This data not only marks the highest level since June 2021 but also breaks a 34-month streak by rising above its 50-year average of 98.

The catalyst? Confidence in post-election economic policies and hopes for reduced inflationary pressures.

Optimism Breakdown: What's Fueling The Surge?

"The election results signal a major shift in economic policy...

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