FX.co ★ US Small Business Optimism Surges in May: NFIB Index Hits 98.8

In May 2025, the NFIB Small Business Optimism Index in the United States experienced a notable upswing, marking a significant rise to 98.8. This development comes after the index had remained at 95.8 in April, signifying renewed optimism among small business owners.

The National Federation of Independent Business (NFIB), a leading advocate for small businesses in the U.S., reported this increase in optimism, indicating a marked improvement in the economic outlook as perceived by small business stakeholders. The jump to 98.8 highlights a stronger sentiment following recent months of more tempered expectations.

This increase is a promising sign of growing confidence and potential economic expansion, underscoring the resilience and adaptability of small businesses in the face of a fluctuating economic climate. As of June 10, 2025, this uptick in the index offers an encouraging glimpse into the positive momentum within the small business sector across the nation.