Small Business Optimism in May 2020

There is no question that Small Business was the hardest hit in the “Corona-Cession” and they remain the hiring engine of North American economies. In May, the NFIB Small Business Optimism Index bounced back from a seven-year low, springing 3.5 points to 94.4. This was its biggest monthly gain since November 2011.

Our partners at NBIF Economics who track Small Business Optimism suggests that the hope of seeing a post-pandemic rebound remains alive among small businesses.

Learn more about the sentiment of U.S. Small Business Owners from NBIF Economics here.