Econintersect: Analyst Doug Short points out that the reported improvement (“modest increase” in the words of the National Federation of Independent Business report) of the NFIB Small Business Optimism Index is at the point of trying to get above the low points of previous recessions.Short’s analysis reveals that small business optimism is showing more strength than the Conference Board’s Consumer Confidence Index, which also remains at the low levels seen in previous recession bottoms. Doug Short hosts the website dshort.com.
Sources: GEI Analysis and GEI News