Dow Jones - Optimism among US small-business owners rose in November, reaching the highest level in more than three decades, according to a report released Tuesday.
The National Federation of Independent Business’s Small Business Optimism Index rose 3.7 points in November to 107.5. That is the second-highest reading since the organisation began conducting the surveys in 1973. The highest reading to date was 108 in July 1983.
The majority of the gain came from business owners who expect business conditions to improve in the next six months and sales gains, excluding inflation, to increase.