US Small Business Confidence Reaches Highest Level in Over Six Years

Optimism among small business owners surges following the election of Donald Trump, with expectations of pro-business policies and economic growth.

The National Federation of Independent Business (NFIB) reported a Small Business Optimism Index of 105.1 in December, the highest since October 2018.
This marks the second consecutive month the index has exceeded the 51-year average of 98, reflecting growing optimism about the incoming administration.
Over 50% of small business owners expect economic improvement, while 20% believe it is a good time to expand, the highest level since February 2020.
Inflation remains the top challenge for 20% of respondents, followed closely by difficulty finding quality labor at 19%.
The NFIB's Uncertainty Index dropped significantly, signaling increased confidence in anticipated pro-business policies and reduced regulatory burdens under the new administration.