US Small Business Confidence Reaches Highest Level in Nearly Four Years

Reported 1 day ago

In November, U.S. small business sentiment soared to its highest level in almost 3-1/2 years following the recent elections, driven by optimism among owners, particularly those aligned with the Republican Party. The National Federation of Independent Business reported an 8-point increase in its Small Business Optimism Index, with expectations for economic improvement and sales growth also rising. A notable percentage of businesses indicated intentions to hire more workers and increase compensation, reflecting a positive outlook despite persistent labor shortages.

Source: YAHOO

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