Small business optimism remains near record high

By AZ Business Magazine

Small businesses are excited about a new healthcare law, tax reform and regulatory relief from Washington. According to the February Small Business Optimism Index, small business optimism is at its highest readings in 43 years, despite a .6 point dip to 105.3.

The National Federation of Independent Business released its monthly report that shows a month-over-month increase of optimism from small businesses.

“It is clear from our data that optimism skyrocketed after the election because small business owners anticipated a change in policy,” said NFIB President and CEO Juanita Duggan. “The sustainability of this surge and whether it will lead to actual economic growth depends on Washington’s ability to deliver on the agenda that small business voted for in November. If the health care and tax policy discussions continue without action, optimism will fade.”

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