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- The National Federation of Independent Business' small business optimism index hit the highest level in the survey's 45-year history in August.
- Small businesses are planning to hire more workers, raise compensation for current employees, and spend more on capital investments according to the index
- Juanita Duggan, the president and CEO of the NFIB, attributed much of the increase to President Donald Trump and the GOP's economic policies.
- There is no question that the change of policy in Washington has everything to do with the increase in the optimism index," Duggan told Business Insider.
US small businesses have never felt this good, at least according to the National Federation of Independent Business' small business optimism index.
The lobbying group's monthly index hit 108.8 in August, the index's highest level in its 45 year history. The reading eclipsed the the previous record high of 108 from July 1983. According to the NFIB, many of the subcategories tracked in the index also hit historic levels.
See the rest of the story at Business Insider
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See Also:
- Trump reportedly wanted to raise the top income tax bracket to 44%, but Gary Cohn talked him out of it
- Ron DeSantis, the Trump-backed Florida gubernatorial nominee, repeatedly spoke at events organized by a racist
- Trump keeps making outlandish claims about GDP
from Business Insider https://ift.tt/2O7ppFV
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