MetLife & U.S. Chamber of Commerce Small Business Index
This is the first time since the conception of the Index that the national economic outlook leads local sentiment. More than half (55 percent) of business owners see the economy in good health, up 17 percentage points from 38 percent in Q4 of 2017.
A surge in confidence in the direction of the national economy helped push the Small Business Index up by 3 points to 66.3, the fourth consecutive quarterly increase and highest measure of confidence on record. This means 66.3 percent of small business owners have a positive outlook about their company and the small business environment in the United States.
Small business owners are comfortable with their cash flow and 62 percent report they are in good health. Nearly all (90 percent) of entrepreneurs said they anticipate a good year. The optimism is shared broadly across demographic groups, with the level of optimism among minority business owners slightly higher than average (93 percent), while women-owned business optimism is lower (86 percent) than the national average.
About the Small Business Index
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