The Housing Chronicles Blog: July Small Business Optimism Index rose to second-highest level in 45-year history

Tuesday, August 14, 2018

July Small Business Optimism Index rose to second-highest level in 45-year history

The Small Business Optimism Index marked its second highest level in the survey’s 45-year history at 107.9, rising to within 0.1 point of the July 1983 record-high of 108. The July 2018 report also set new records in terms of owners reporting job creation plans and those with job openings.

A seasonally adjusted net 23 percent are planning to create new jobs, up three points from June. Thirty-seven percent of all owners reported job openings they could not fill in the current period, a one-point increase from June.

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