Small Businesses Remain Positive
Seven of 10 Components See Gains
With a 1.4-point increase, the most recent NFIB Small Business Optimism Index hit 104.7 in July. According to the Wells Fargo Securities Group, "Owners appear to be navigating trade uncertainty well, and are more concerned about finding qualified workers than tariff threats." Seven of the ten components rose including: plans to increase employment (+3) and future capex plans (+1).