1851 Franchise LogoFranchise

Reports on Tuesday showed that small business owners felt more confident about their place in the economy during the month of November. Following president-elect Donald Trump’s victory, many business owners have an improved outlook and expect sales gains.

According to FOX Business, the National Federation of Independent Business’s small-business optimism index increased from 94.9 in October to 98.4 in November. Since 2011, this is the highest month-to-month jump and the second-highest rating in that time. The Wall Street Journal surveyed economists who said they expect that number to increase to 97.

Small business in the U.S. accounts for around half of the economic output. Now economists are trying to predict future hiring and wage trends, like an increase in employment and inventories, real sales gains and continued climbing optimism.

Click here to read the full article.

Don’t Miss the Next Big Franchise Story

Sign up for the 1851 Franchise newsletter to get our biggest stories before everyone else

By signing up, you agree to our user agreement (including class action waiver and arbitration provisions), and acknowledge our privacy policy.

Nick Powills

About the Author

Nick Powills

Follow

Nick Powills, CFE, founded No Limit Agency in 2008 and serves as Chief Brand Strategist for the Chicago-based firm. No Limit is a full-service communications agency that establishes and elevates brands by bridging Public Relations, Social Media, Marketing, Advertising, Digital, and a lot of creativity, to best strategize well-rounded and successful campaigns for 50+ global franchise brands. By presenting visionary ideas and building real relationships, No Limit is able to create effective media branding strategies to help companies grow. Nick currently leads a staff of writers, media strategists, designers, social media experts and digital producers in an office think-tank where brands are humanized for strong, compelling media stories. Prior to starting No Limit at the age of 27, Nick spent four years working at a franchise PR agency where he mastered the art of building rapport with media outlets and creating newsworthy pitches for earned media placements. He holds a Bachelor of Journalism from Drake University in Iowa.

More Articles Like This