A key monthly measure of optimism among U.S. small business owners on Tuesday surged to its highest level since June 2021, primarily driven by Donald Trump's election victory. The NFIB small business optimism index rose by eight points in November to 101.

US small-business optimism surged in November to a more than three-year high in anticipation of more favorable economic policies after Donald Trump sealed his return to the White House.The National Federation of Independent Business optimism index jumped 8 points,

Among small business owners, their one-month increase in optimism from October until November is the biggest jump since the start of the NFIB index in 1986, and more than double the monthly gain after Trump’s first presidential election win in 2016, Pantheon Macroeconomics Chief U.S. Economist Samuel Tombs said.

A small business advocacy group wants Ohio lawmakers to capitalize on growing optimism as one session ends and another nears a beginning.

The Optimism Index rose by 8 points in November to 101.7, after 34 months of remaining below the 50-year average of 98. This is the highest reading since June 2021. Of the 10 Optimism Index components,

Small businesses are more optimistic now than they have been at any point over the last almost four years as President-elect Donald Trump heads into office, according to a new survey.