A national economic optimism index of small business owners is at its highest level ever, up 162% since the final months of President Obama’s two terms.
TheWells Fargo/Gallup Small Business Indexis at +142 compared to +54 at the end of the Obama administration.
“When owners are asked a broad question about their financial outlook ‘for your business’ over the next year, 77% say they are more optimistic than pessimistic,” added the survey begun in 2003.
“The Small Business Index is invaluable as one of the tools we use not only to measure current sentiment and priorities among business owners but future ones,” said Elli Dai, head of Small Business and Personal Lending Group at Wells Fargo, in a statement. “Both the continued optimism of business owners and their thoughts on key priorities and issues for the election and economy overall provide a window into how to best support their continued growth,” added Dai.
The complete story here > Small business ‘optimism' at record high, up 160% under Trump