Small Business Optimism Soars Post-Election
Originally Published 1 year ago — by Benzinga
The U.S. Small Business Optimism Index rose to 101.7 in November 2024, the highest since June 2021, driven by confidence in post-election economic policies and hopes for reduced inflation. This optimism is reflected in increased expectations for economic improvement, expansion, and sales volumes. However, challenges remain with labor quality and inflation as significant concerns. Despite the optimism, the Russell 2000 index showed little movement, with mixed performances among its constituents.