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Small-Business Optimism Hits Three-Month High Amid Price Hikes

12/9/2025

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Summary

Story summary

In November, the National Federation of Independent Business (NFIB) small-business optimism index rose 0.8 points to 99.0, a three-month high.
A 9-point rise in sales expectations drove the gain.
34% of owners are raising prices, the highest since March 2023.
Nineteen percent plan to create new jobs.
Fifteen percent expect economic improvement.

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Story summary

In November, the National Federation of Independent Business (NFIB) small-business optimism index rose 0.8 points to 99.0, a three-month high.
A 9-point rise in sales expectations drove the gain.
34% of owners are raising prices, the highest since March 2023.
Nineteen percent plan to create new jobs.
Fifteen percent expect economic improvement.