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Page 1: Small Business Optimism Index - Seifried & Brewseifriedbrew.com/pdf/presentation/180918Presentation.pdfSMALL BUSINESS OPTIMISM INDEX COMPONENTS Index Component Plans to Increase Employment
Page 2: Small Business Optimism Index - Seifried & Brewseifriedbrew.com/pdf/presentation/180918Presentation.pdfSMALL BUSINESS OPTIMISM INDEX COMPONENTS Index Component Plans to Increase Employment

Small Business Optimism Index

Page 3: Small Business Optimism Index - Seifried & Brewseifriedbrew.com/pdf/presentation/180918Presentation.pdfSMALL BUSINESS OPTIMISM INDEX COMPONENTS Index Component Plans to Increase Employment

Small Business Optimism Index

http://www.nfib-sbet.org/wp-content/uploads/2018/09/SBET-July-2018.pdf

Page 4: Small Business Optimism Index - Seifried & Brewseifriedbrew.com/pdf/presentation/180918Presentation.pdfSMALL BUSINESS OPTIMISM INDEX COMPONENTS Index Component Plans to Increase Employment

Producer Price Index

• MoM Change of

-0.1% (survey

was +0.2%)

• YoY Change of

2.8% (survey

was 3.2%)

https://www.bls.gov/news.release/pdf/ppi.pdf

Page 5: Small Business Optimism Index - Seifried & Brewseifriedbrew.com/pdf/presentation/180918Presentation.pdfSMALL BUSINESS OPTIMISM INDEX COMPONENTS Index Component Plans to Increase Employment

Consumer Price Index

CPI excl. Food and Energy up 0.1%

https://www.bls.gov/news.release/pdf/cpi.pdf

Page 6: Small Business Optimism Index - Seifried & Brewseifriedbrew.com/pdf/presentation/180918Presentation.pdfSMALL BUSINESS OPTIMISM INDEX COMPONENTS Index Component Plans to Increase Employment

http://www.sca.isr.umich.edu/

Page 7: Small Business Optimism Index - Seifried & Brewseifriedbrew.com/pdf/presentation/180918Presentation.pdfSMALL BUSINESS OPTIMISM INDEX COMPONENTS Index Component Plans to Increase Employment

Retail Sales

• MoM increase of just 0.1%

below expectations of 0.4%

• YoY increased by 6.6%, this is

the 4th consecutive month above

6%.

• Nonstore retailers up 10.4% YoY

and account for 10.7% of sales

https://www.census.gov/retail/marts/www/marts_current.pdf

Page 8: Small Business Optimism Index - Seifried & Brewseifriedbrew.com/pdf/presentation/180918Presentation.pdfSMALL BUSINESS OPTIMISM INDEX COMPONENTS Index Component Plans to Increase Employment

Inventories

https://www.census.gov/mtis/www/data/pdf/mtis_current.pdf

Page 9: Small Business Optimism Index - Seifried & Brewseifriedbrew.com/pdf/presentation/180918Presentation.pdfSMALL BUSINESS OPTIMISM INDEX COMPONENTS Index Component Plans to Increase Employment

4.4%

Page 10: Small Business Optimism Index - Seifried & Brewseifriedbrew.com/pdf/presentation/180918Presentation.pdfSMALL BUSINESS OPTIMISM INDEX COMPONENTS Index Component Plans to Increase Employment