Optimism among America’s small businesses skyrocketed in December. A Optimism Index made up of 10 survey indicators rose 7.4 points to 105.8, its highest level since 2004, said the National Federation of Independent Business.
The survey found that a net 50 percent of firms said in December that they expected the economy to improve. That's up from 12 percent in November and a net 7 percent who had a negative outlook in October.
The biggest mover in the December survey was the “Expected better business conditions” category, which rose from a net negative 6 percent to a net 38 percent. “Good Time to Expand” and “Sales Expectations” jumped by 12 and 20 percentage points, respectively.