January 2017 US NFIB small business optimism index 14 February 2017

Another high for the index.

  • 18% of firms reporting plan to hire staff vs 16% prior

  • 25% say it's a good time to expand vs 23% prior

  • Only 2% plan to increase inventories vs 4% prior

  • 48% expect a better economy vs 50% prior

I'm not sure when this survey was run and whether it includes any Trump effect, so it will interesting to see what this shows next month.