FYI: After a bit of dip in December, sentiment on the part of small businesses rebounded in December but still came in shy of its November peak. While economists were expecting the January read of the NFIB Small Business Optimism Index to rise from 104.9 up to 105.3, the actual increase was much larger as the headline index came in at 106.9. While sentiment may be just off of recent highs, it remains well above the historical average of 96.6 since 2000.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/small-business-optimism-bounces-but-still-off-recent-highs/
