Small Business Optimism Remains Positive for 2005

NFIB released its first small business optimism index for 2005. The results were off a little bit, but still remain relatively positive.
“The survey, NFIB’s ‘Small Business Economic Trends,’ shows that while optimism among owners dipped 2.4 points in January (to 103.7), that reading is one of the strongest in 30 years. Owners continued to report new job creation (although at a slower rate than in the fourth quarter) adding a net 0.07 workers per firm over the past three months. Employment increases were noted by 15 percent of those responding to the survey, while 11 percent reduced jobs.”