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Monthly U.S. small business optimism outlook September 2020

This statistic shows the U.S. small business optimism outlook in September 2020. In September 2020, a net eight percent of surveyed small business owners thought they would see their sales increase in the coming three months. This result can be attributed to the global novel coronavirus (COVID-19) pandemic.

U.S. small business optimism outlook in September 2020

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Release date

October 2020


United States

Survey time period

September 2020

Number of respondents

604 respondents

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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