Each month the NFIB (National Federation of Independent Businesses) Research Foundation polls its small business members to generate the Small Business Economic Trends report.
This report utilizes 10 index components to generate a Small Business Optimism Index—which surprisingly, is actually trending higher. Sluggish sales and low availability of credit are still big concerns, and many companies are cutting prices, reducing or freezing salaries, and selling down inventory. But, plans for job creation, inventory investment, and capital investment started to inch up in April, and continued the trend in May.
A small blip, or a real sign of recovery?
Read the May Report and the June Report then decide for yourself.