January 10,2017
the staff of the Ridgewood blog
Ridgewood NJ, Small business Optimism soared in December by the most since 1980 as expectations about the economy’s prospects improved dramatically in the aftermath of the Trump election.
The National Federation of Independent Business gauge jumps to 105.8 in month after presidential election and expectations for business conditions are highest since 2002
The National Federation of Independent Business’s (NFIB) index jumped 7.4 points last month to 105.8, the highest since the end of 2004, from 98.4. While seven of the 10 components increased in December, 73 percent of the monthly advance was due to more upbeat views about the outlook for sales and the economy, the Washington-based group said.
