You should consult your own tax, legal and accounting advisors before engaging in any transaction. This material has been prepared for informational purposes only and is not intended to provide and should not be relied on for tax, legal or accounting advice. The index has been below the historical average since the beginning of the year. The Optimism Index has increased 4.8 points over the past three months since January but a record 44 of owners reported job openings that could not be filled.
It tracks quantitative indicators like job vacancies and inventories, and qualitative. HCA and its affiliates do not provide tax, legal or accounting advice. NFIB Small Business Optimism Index drops further in June The NFIB's small business optimism index dropped in June to 89.5 from 93.1 in May, below the consensus forecast, which expected the index to dip marginally to 92.5. The NFIB Small Business Optimism Index rose to 99.8 in April, an increase of 1.6 points from March. This index measures economic trends in the small business sector. Market conditions can vary widely over time and there is always the potential of losing money when investing in securities. Any reference to past performance is not to be implied or construed as a guarantee of future results. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. The information herein has been obtained from sources believed to be reliable but we cannot assure its accuracy or completeness. HORAN Capital Advisors, LLC is an SEC registered investment advisor. The NFIB Small Business Optimism Index fell 8.1 points in March, the largest monthly decline in the survey’s history, the organization announced Tuesday. The recently reported -1.4% advanced reading on real GDP in the first quarter is certainly reflective of the dim view held by small businesses. With small business optimism running at a low 93.2, and businesses having a poor view on their prospects looking out six months, this can be indicative of weaker overall economic activity.
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