Small Business optimism jumped to a record high under President Trump, according to a survey by the National Federation of Independent Business (NFIB). U.S. small business optimism surged to a record in August as the tax cuts and deregulation efforts of President Donald Trump and the Republican-led Congress led to more sales, hiring and investment.The NFIB Small Business Optimism Index jumped to 108.8 last month, the highest level ever recorded in the survey’s 45-year history and above the previous record of 108 in 1983, set during the second year of Ronald Reagan’s presidency. The August figure was up from a 107.9 reading in July.
The NFIB’s Small Business Optimism Index broke a 35-year record in August.
President Trump signed the Tax Cuts and Jobs Act into law, ushering in the largest package of tax cuts and reforms in American history.
These tax cuts are delivering real results for American families and workers.
More than 6 million workers received tax cut bonuses and benefits.
More than 100 utility companies have announced lower rates.