Small business optimism soars in anticipation of Trump 2.0 [Video]

The anticipation of Donald Trump returning to the White House sparked a surge of optimism on Main Street, according to multiple post-election surveys.

The NFIB’s latest Small Business Optimism Index jumped 8 points to 101.7 in November with the election results indicating a significant shift in economic policy from the Biden-Harris administration, breaking a 34-month streak of record-high uncertainty with the highest reading since June 2021.

That’s the first time the reading has risen above the 50-year average over the past 2.5 years. Of the 10 Optimism Index components, nine increased, none decreased, and one was unchanged last month from October.

“In a nutshell, economic policy matters, and there’s no doubt that the election results spurred a lot of the optimism, that surge in optimism, that we saw in our monthly economic survey,” NFIB President Brad Close told “Bloomberg: The Close,” this week. 

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