Tuesday, June 11, 2013

Small Business Optimism Continued Increase in May

The NFIB’s Small Business Optimism Index rose 2.3 points in May, reaching 94.4. It is the second consecutive month gain. While May’s reading is the second highest since the recession started December 2007, it’s still well below the long run average of 98.1.

Financing continues to be the least citied challenge facing small business, with only 2% of respondents reporting it as their single most important problem, unchanged from the previous month. Taxes and government requirements remained unchanged as the first and second most often cited problems, but the number of respondents citing the issues as the single most important problem increased. Taxes rose from 23% to 24%, and government requirements and red tap grew 2% to 23%.

Read the NFIB report.

1 comment:

Humaun Kabir said...
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