AquinaJanuary 18, 2017

Small Business Optimism Soars in 2017

Small Business Optimism Soars in 2017

Regardless of your political leanings about the new Administration taking office soon, one fact that can’t be argued is that small business optimism is soaring. The National Federation of Independent Business’s (NFIB) index jumped 7.4 points last month to 105.8, the highest since the end of 2004.

As reported in a recent article in Bloomberg News, “Optimism among America’s small businesses soared in December by the most since 1980 as expectations about the economy’s prospects improved dramatically in the aftermath of the presidential election.”  Citing a survey conducted by the NFIB, Bloomberg noted:

 

“The share of business owners who say now is a good time to expand is three times the average of the current expansion, and companies also said they plan to increase investment and keep hiring.”

 

 

With optimism surging and tax reform on the way, the small business community is set to see unprecedented growth in 2017. Apply now and secure your growth capital in a little as 48 hours!