Small business optimism made a sharp 3.1-point rebound in November, according to the Small Business Economic Trends report released today by the National Federation of Independent Business.
“The November survey is giving clear signals that the bottom has been reached – hiring plans have strengthened, capital spending plans are headed up, and even inventory investment plans are in the plus column,” said NFIB Chief Economist Bill Dunkelberg.
PBN Branded Content
Beyond Cash Donations: How New Forms of Giving Are Transforming Not-for-Profit Accounting
Evolving Funding Landscape for Not-for-Profits Not-for-profit organizations are being asked to do more with less,…
Learn More
Highlights of the survey included:
- Hiring plans were strong for recession conditions with a net of 11 percent of small businesses expected to create jobs. - Advertisement -
- Four percent more firms lowered their selling prices than those who raised them.
- More businesses planned future capital expenditures in November.
