NFIB: Small business optimism skyrockets since Presidential election
Posted on 1/10/2017 11:57:00 AM.

A survey from the National Federation of Independent Business finds small business optimism increased substantially in December. NFIB state director Dawn Starns says optimism has been skyrocketing since the November election and the positive outlook is felt here in Louisiana too.

“When they have that good feeling, that means they’re going to look at ways to invest whether it be capital outlay and expanding their business or creating new jobs.”

The NFIB says small business optimism is at its highest level since 2004. Starns says it’s because business owners are anticipating better economic conditions with Donald Trump in office and a Republican controlled Congress.

“We asked our membership, how you feel about things going into the election and we asked them how they felt about things coming out of the election and there was a sharp increase then.”

Starns says when small businesses are feeling good about the economy, they are more likely to increase business activity.

“That positive feeling then translates into new expansion of business, creation of jobs and an overall positive outlook for small business owners.

NFIB, Dawn Starns, optimism, Presidential election

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