From BloombergMarkets:   Optimism among small companies in the U.S. rose more than forecast in January, fueled by a record number of owners who said now was a good time to expand, according to a National Federation of Independent Business survey released Tuesday.

  • Overall index rose by 2 points to 106.9 (est. 105.3), close to November’s 107.5 reading that was highest in monthly data to 1986
  • 32% said now was a good time to expand businesses, exceeding all monthly figures to 1986 and quarterly readings back to 1973
  • Net 41% expect economy to improve, up from 37% month earlier

More:   The new tax law “produced the most recent boost to small-business optimism,” NFIB’s William Dunkelberg and Holly Wade said in a report. “And federal government-related cost pressures continue to abate, offering a more supportive business climate for small firms. Consumer spending remains supportive, and business spending and housing remain strong.”

Of note, every democrat voted against the new tax law.

Read the whole thing:    https://www.bloomberg.com/news/articles/2018-02-13/u-s-small-business-optimism-jumps-more-see-good-time-to-expand