Small-Business Optimism Hits Record High, Beats Reagan Era

Small-Business Optimism Hits Record High, Beats Reagan Era
Orwasher's Bakery on the Upper East Side, New York, on April 4, 2014. Samira Bouaou/Epoch Times
Petr Svab
Petr Svab
reporter
|Updated:

Small businesses are the most optimistic ever about their prospects, benefiting from tax cuts and deregulation under President Donald Trump, according to a survey by the National Federation of Independent Business.

The NFIB Small Business Optimism Index reached 108.8 in August, beating the previous record of 108, which dates back to the vigorous recovery of 1983 under President Ronald Reagan.

Petr Svab
Petr Svab
reporter
Petr Svab is a reporter covering New York. Previously, he covered national topics including politics, economy, education, and law enforcement.
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