U.S. monthly small business optimism outlook 2024

Small business optimism outlook in the United States in March 2024

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Release date

April 2024


United States

Survey time period

March 2024

Number of respondents


Age group


Special properties

small business owners

Supplementary notes

Explanation of indicators:
Plans to increase employment: net percent “increase” minus “decrease” in the next three months.
Plans to make capital outlays: percent planning a capital expenditure during next three to six months.
Plans to increase inventories: net percent "who will increase" minus "who will decrease" in the next three months.
Expect economy to improve: net percent (“better” minus “worse”) six months from now.
Expect real sales higher: net percent (“higher” minus “lower”) during next three months.
Current inventory status: net percent with "too low inventories" minus "too high inventories" at present time.
Current job openings: percent with positions not able to fill right now.
Expected credit conditions: net percent "expecting easier" vs. "expecting harder" during next three months.
Now a good time to expand: percent next three months “Good Time to Expand”.
Change in earnings: net percent (“higher” minus “lower”) last three months compared to prior three months.

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