Small business owners are reporting record-high levels of confidence about their businesses and finances, MetLife and the U.S. Chamber of Commerce Small Business Index indicates.
By the numbers: The Q4 index scored confidence at 71.3, a 0.6-point increase from the previous quarter. More than 71% of the 1,000 small business owners in the survey said they have a “strong outlook” and feel optimistic about their companies and the broader business environment. Both measures are the highest the index has seen since it began in 2017, according to a Chamber of Commerce press release.
- 59% of small business owners reported a positive outlook on their local economies, a 3% jump from the previous quarter.
- 57% said they believe the U.S. economy is healthy, a 4-point increase since the first quarter of 2019.
Read more here: https://www.axios.com/small-business-owner-record-confidence-bfe2ff2f-239d-4a87-99b9-5beac3cd62ab.html