Small Business Owners Jump For Joy

NFIB Small Business Optimism Index (December 2016)

– level 105.8. Previous was 98.4

Small Businesses are hampered by the cost of compliance with government regulations. If the new administration is successful in reducing the cost of regulations then this big jump in small business optimism–the largest since 2004–will be justified.

 
Redbook Chain Store Sales (week ended 1/7/2017)

– Chain Store Sales year/year +0.9%. Previous was +2.2%

 

JOLTS (November 2016)

– Job Openings 5,522,000. Previous was 5,451,000

This is the Labor Department’s Job Openings and Labor Turnover Survey – a broad metric of Job Openings.

 
Wholesale Trade (November 2016)

– Inventories month/month +1.0%. Previous was +0.9%

This is a 4Q2016 GDP component.