Small business confidence rises, signaling a more positive outlook for the US economy [MSNBC.com]
SVMK INC COMMON (SVMK)
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Source: MSNBC.com
Marc Romanelli | Getty Images Small business sentiment is on the rise to kick off 2020, with confidence nearing all-time highs, according to data from CNBC and SurveyMonkey. The CNBC/SurveyMonkey Small Business Confidence Index climbed two points in the first quarter, from 59 to 61, as concerns over trade policy impacts lessened, thanks to a trade deal with China and the signing of the USMCA. This is a sharp turnaround from the lows seen last summer as trade turmoil weighed on Main Street's outlook. The Small Business Confidence Index is calculated based on entrepreneurs' responses to a set of eight questions about their businesses as part of the CNBC/Survey Monkey Q1 Small Business Survey. That poll was conducted Feb. 3–10 among a national sample of 2,118 small business owners ages 18 and up. While confidence increased, the move can be attributed to more business owners feeling less pessimistic about issues like trade, moving to a more neutral position. If small business owners had t
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