US Small-Business Optimism Increases for First Time This Year
- NFIB sentiment index climbed 1.2 points to 89.7 in April
- Share planning to raise prices declined to a one-year low
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US small-business optimism rebounded for the first time this year in April as sales expectations improved, while the share of owners planning price increases fell to a one-year low.
The National Federation of Independent Business sentiment index rose 1.2 points to 89.7 from the lowest level since 2012. While the gauge topped economists’ forecasts, it remains well below the long-term average of 98.