U.S. April Small Business Optimism Index: Summary

U.S. small business optimism increased in April, according to the National Federation of Independent Business.

The organization’s monthly small business optimism index rose to 95.2 last month, compared to 93.4 in March.

Following is a table compiled from the April small business optimism index.

=============================================================================
                             April  March   Feb.   Jan.   Dec.   Nov.  6-mo.
                              2014   2014   2014   2014   2013   2013   Avg.
=============================================================================
Optimism Index                95.2   93.4   91.4   94.1   93.9   92.5   93.4
 Monthly change               1.9%   2.2%  -2.9%   0.2%   1.5%   1.0%   0.7%
                             ----------Percent of firms reporting:----------
Plan to Hire                    8%     5%     7%    12%     8%     9%     8%
Higher selling prices          12%     9%     1%     2%    -1%     2%     4%
Increased capital spending     25%    24%    25%    24%    26%    24%    25%
Plan to increase inventory      3%     1%    -5%    -3%    -2%     0%    -1%
=============================================================================
                             April  March   Feb.   Jan.   Dec.   Nov.  6-mo.
                              2014   2014   2014   2014   2013   2013   Avg.
=============================================================================
Expect better economy          -9%   -18%   -19%   -11%   -11%   -20%   -15%
Expect higher sales            10%    12%     3%    15%     8%     3%     9%
Inventory satisfaction         -1%     0%    -4%    -2%    -5%    -4%    -3%
Positions not able to fill     24%    22%    22%    22%    23%    23%    23%
Easing of credit conditions    -6%    -7%    -7%    -7%    -7%    -7%    -7%
Good time to expand             8%     8%     6%     8%    10%     9%     8%
Positive earnings trends      -20%   -24%   -27%   -27%   -22%   -24%   -24%
=============================================================================
NOTE: All figures are seasonally adjusted. The survey size was 1,699 firms.

SOURCE: National Federation of Independent Business

Before it's here, it's on the Bloomberg Terminal. LEARN MORE