There has been a dynamic year for small businesses. Although their outlook for the economy has up and down over the past year, a recent survey shows that small optimism of business owners.
The latest National Federation of Independent Business (NFIB) Small Business Optimism Index rose by 0.7 points to 95.7. Small business owners are optimistic about earning trends, they are still nervous about investment and inventory investment.
Small Business Owner Optimism Up Overall
The July 2014 NFIB index trends in small business highlights' economic outlook. According to NFIB:
labor markets
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Small business owners increased employment by an average of .01 workers per business in July, which resulted in marks the tenth positive month in recent months ,
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Thirteen percent of small business owners reported an average of 2.9 employees per company Add.
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More than half (53 percent) hired or tried in the past three months.
investments
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, the net percent of owners expecting better business conditions in six rent months rose by 4 percentage points to a negative net 6 percent.
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Ten percent of small business owners referred to the current period as a good time to expand facilities. While this is three points represents the NFIB that this is still low for a period of growth.
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Almost a quarter (23 percent) of small business owners planning investment costs that are next three to six months.
profits and wages
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Earning trends remained at 18 percent. The NFIB points out that this is one of the best readings is a seasonally adjusted net 21 percent of small business owners high workers compensation reported since 07
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. This has the second best reading since 08
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A network, seasonally adjusted 14 percent plan balance in the coming months to increase.
Inventories and Sales
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A net negative three percent of small business owners their current stock "too low" view.
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Thirteen percent small business owners cited weak sales as a top business problem.
inflation
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Seasonally adjusted, the net percent of owners raising selling prices was a net 14 percent.
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Twenty-three percent of small business owners plan to average prices in the coming months on the increase.
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three percent of small business owners found reductions in recent prices.
Click here for the July NFIB Small Business Optimism Index
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