Small Business Data Bullish for the Economy, Consumer Confidence, and Risk-on

INDEX DEFINITIONS

The National Federation of Independent Business (NFIB) Small Business Optimism Index is a composite of ten seasonally adjusted components. It provides a indication of the health of small businesses in the U.S., which account of roughly 50% of the nation’s private workforce.
The Michigan Consumer Sentiment Index is a monthly survey of U.S. consumer confidence levels conducted by the University of Michigan.

SOURCES

https://www.nfib.com/assets/SBET-December-2019.pdf ​

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