Small Business Optimism Rises as Oil Prices Moderate
Small business optimism increased in June, driven by owners’ expectations for better business conditions and sales, the National Federation of Independent Business (NFIB) said in a Tuesday (July 14) press release . The NFIB Small Business Optimism Index rose 2.1 points during the month to reach 97.4, which is near the 52-year average of 98.0, according to the release. The Index was last above the average in February, when it was gauged at 98.8, according to the NFIB’s Small Business Economic Tre