The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for December rose 0.4 points from 94.8 in November to come in at 95.2. The December reading remains below the index’s 42-year average of 98.
The four “hard” measures of the index posted mixed results last month.
The job creation component rose four percentage points in December to 15%, the job openings component rose one point to 28%, capital spending plans also rose a point to 26% and inventory investment plans remained unchanged for the third month in a row at zero.
Read more: Small Business Optimism Ticks Higher in December