We are happy to report that further to recent findings from NFIB.Com, the Small Business Optimism Index is up! This is an indication the economy is slowly moving forward. At least this is what we would like to think – or is the economic rollercoaster still in full swing?
The April 2014 report, which is a reflection of the opinions of business owners/members of NFIB, indicates that after February’s decline, confidence is up in March. “Overall, the March gain more or less reversed the February decline, while the Index still can’t seem to get above 95, we can be encouraged that the economy is at least crawling forward and not heading in reverse,” said NFIB chief economist William Dunkelberg. What is the improvement down to? In part real sales gains (50%), inventory satisfaction and inventory investment plans.