Summary

• The NFIB Small Business Optimism Index fell 3.0 points to 95.8, dropping below the index's historical average for the first time since April 2025.
• The decline was primarily driven by a sharp 11-point drop in positive profit trends and a 7-point decline in those expecting better business conditions.
• The Uncertainty Index jumped to 92 (well above the average of 68), while inflation returned as a top-three concern.

By Jennifer Nash

Originally published on April 15, 2026

The NFIB Small Business Optimism Index fell 3.0 points to 95.8, dropping below the index's historical average for the first time since April 2025. This was below

6.65K Followers