Small Business Optimism Index Disappoints … Again (Only Above 100 Once Since 2006)

The NFIB Small Business Optimism Index was released this morning and it was disappointing. The survey was for 95, but the print was 94.1.
But the bigger picture is that small business optimism has been consistently below 100 since November 2006, with piecing the 100 level only once in December 2014. And it has been all down hill since then.
And all the monetary easing by The Federal Reserve has done little to improve small business optimism.

This post was published at Wall Street Examiner on October 11, 2016.