US small business report from the NFIB for May 2015
- Prior 96.9
Optimism is back to a normal level, notes the NFIB
Employment and job openings rise but investment intentions and sales expectations fall
"It appears that the small business sector has finally attained a normal level of activity, which will hopefully keep the economy moving forward, even at a sub-par pace. That being said, improved profit trends accounted for over half the Index gain, a rather unusual but welcomed development. This was supported by positive sales trends and continued, although rising, fuel prices. TheNFIB May survey results confirm that the economy is moving ahead, but at an uninspiring pace. Owners do what is necessary, like hiring workers when needed, to keep up with growth mostly powered by an increasing population." says NFIB Chief Economist, Bill Dunkelberg
