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SMALL BUSINESS OPTIMISM

Small-Business Optimism Plunges

Issue Date: 2.13.2009
The Small Business Optimism Index hit a near all-time low in December 2008, dropping 2.6 points to a reading of 85.2. “Owners were hoping consumers would ride to the rescue, but that did not happen,” said NFIB Chief Economist William Dunkelberg. “Unless there is a solid turnaround in January, we are in for a longer-than-usual recession.”
 
 
2008
       
88.2
 
91.1
 
92.9
 
87.5
 
87.8
85.2
July
 
Aug.
 
Sept.
 
Oct.
 
Nov.
Dec.

SOURCE: NATIONAL FEDERATION OF INDEPENDENT BUSINESS
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