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Small Business Optimism

The Wells Fargo/Gallup Small Business Index for the third quarter shows the highest optimism score for small business owners in five years.

Optimism is good so this is great to see. Small companies willing to spend to grow is really positive and leads to greater sales and more growth overall. Optimism trickles through the economy in orders, sales, and earnings.

The same studies are showing a little less positive attitude toward hiring so the effort to stay lean and grow is still there. Probably healthy on a company by company basis, but keeps a damper on the other positive news. At least a little.

todd@toddkmiec.com

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