December 2019 National Federation of Independent Business
Submitted by Atlas Indicators Investment Advisors on January 23rd, 2020
Small business confidence remains high by longer-term standards but has been waning relative to its all-time high. The National Federation of Independent Business’ Optimism Index declined two points in December 2019 to 102.7 after rising 2.3 points in November. Despite all the recent gyrations, this index has moved very little over the past three years.