Entrepreneurs’ optimism of Trump being President is very clear. He is not even in office yet and they’re going nuts! Check out this report.
Optimism among small business owners is surging since the election of Donald J. Trump as the 45th President of the United States of America, a new survey reveals.
The November Index of Small Business Optimism from the National Federation of Independent Business shows small businesses have gained confidence with the expectation of better conditions under the new Trump administration.
“What a difference a day makes,” said Juanita Duggan, President and CEO of NFIB. “Before Election Day small business owners’ optimism was flat, and after Election Day it soared.”
NFIB Chief Economist Bill Dunkelberg said, “The November index was basically unchanged from October’s reading up to the point of the election and then rose dramatically after the results of the election were known.”
For the full month of November the index surged 3.5 points to 98.4. NFIB marked this as only the third time since 2007 that the index rose above the 42-year average.