08202018Mon
Last updateFri, 17 Aug 2018 5pm

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Manufacturing & The Economy

Survey: Small Business Optimism Hits 11-Year High

Small business owners entered the new year feeling the most optimistic since early 2007, according to findings from the latest Wells Fargo/Gallup Small Business Index conducted January 3–9. In the latest quarterly survey of small business optimism, the overall Index score came in at 107, up from 103 in November 2017, and the highest score since early 2007. A jump in the “future expectations” score – which measures how business owners expect their businesses to perform over the next 12 months – largely drove the improvement in optimism. In January, the score improved five points to 65, the highest reading since December 2006, the last time the “future expectations” score finished at 65. 

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