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Small Business Monitor Optimism
FILE - Jenna Brashear shops at Julep Home & Gift while taking advantage of Shop Small Saturday in Wesleyan Park Plaza, on Nov. 30, 2024, in Owensboro, Ky. (Greg Eans/The Messenger-Inquirer via AP, File)

Survey: Small businesses are feeling more optimistic about the economy after the election

A survey shows small business owners are feeling more optimistic about the economy following the election

By MAE ANDERSON
Published - Dec 24, 2024, 11:22 AM ET
Last Updated - Dec 24, 2024, 11:22 AM EST

A recent survey shows small business owners are feeling more optimistic about the economy following the election.

The National Federation of Independent Businesses’ Small Business Optimism Index rose by eight points in November to 101.7, its highest reading since June 2021.

The Uncertainty Index declined 12 points in November to 98, following October’s pre-election record high of 110.

NFIB Chief Economist Bill Dunkelberg said small business owners became more certain about future business conditions following the presidential election, breaking a nearly three-year streak of record high uncertainty.

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