Optimism among small-business owners in the United States reached its highest level in more than three years last month, driven by anticipation of economic policies expected to favor growth under Donald Trump’s return to the presidency.
The National Federation of Independent Business (NFIB) reported that its Small Business Optimism Index surged by 8 points in November to 101.7, its highest reading since June 2021. The increase was the largest on record. Meanwhile, the group’s uncertainty index fell by 12 points, reflecting easing concerns after the presidential election.