ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
Home Economy

Small Business Optimism Falls in November

December 8, 2020
Reading Time: 1 min read

The NFIB Small Business Optimism Index declined 2.6 points in November, measuring 101.4. Despite the November decrease, the index remains well above the 47-year historical average reading of 98. While business conditions have improved, many respondents reported increased uncertainty driven by the increased spread of COVID-19 cases.

A seasonally adjusted net 21.0% of owners plan to create new jobs, up 3 points. The percent of owners thinking it’s a good time to expand decreased to 12.0%. Thirty-four percent of respondents reported job openings they could not fill in the current period, up 1 point from October’s number.

A net 5.0% of all owners reported higher nominal sales in the past three months, down 1 point from October. The net percent of owners expecting higher real sales volumes decreased 1 point to a net 10.0% of owners.

Two percent of owners reported in that their borrowing needs were not fully satisfied. Twenty-five percent reported all credit needs met (down 4 points) and 58.0% said they were not interested in a loan (up 2 points). A net 2.0% reported their last loan was harder to get than in previous attempts (down 1 point).

Read the NFIB report.

Tags: NFIB
ShareTweetPin

Related Posts

Report: More states creating restrictions on crypto ATMs

Crypto exchange agrees to shut down ‘crypto ATMs’ as part of settlement

Compliance and Risk
October 8, 2026

The cryptocurrency exchange Coinme has agreed to close down its virtual currency kiosk operations in multiple states as part of a settlement with 34 state financial regulatory authorities over alleged Bank Secrecy Act and anti-money laundering violations, according...

Consumer credit increased in March

Fed: Consumer credit increased 1.9% in August

Economy
October 8, 2026

Consumer credit increased at a seasonally adjusted annual rate of 1.9% in August, according to the Federal Reserve. Revolving credit decreased at an annual rate of 4.2%, while nonrevolving credit increased at an annual rate of 4.1%.

Mortgage rates fall

Mortgage rates rise

Economy
October 8, 2026

The rate for a 30-year fixed-rate mortgage was 7.4% this week. The rate for a 15-year fixed-rate mortgage was 6.73%.

Survey finds young people most likely to fall for phone scams

GAO finds new trigger leads restrictions could have longer-term benefits

Mortgage
October 8, 2026

New federal restrictions to curb abusive trigger leads should reduce the volume of unwanted solicitations homebuyers receive, with research showing that the marketing practice does little to save consumers money, the Government Accountability Office said in a new...

CPFB report claims health savings accounts have ‘hidden costs’

HSA Council offers senators recommendations for expanding account access

Human Resources
October 7, 2026

Lawmakers should consider policies that strengthen the value and accessibility of health savings accounts rather than policies that inadvertently discourage employers from offering HSA-qualified coverage, ABA's Health Savings Account Council said in a letter to the Senate Finance...

FOMC minutes: Persistent inflation clouds path forward

FOMC minutes show another rate increase possible

Economy
October 7, 2026

Most members of the Federal Open Market Committee believe they may need to raise the target range for the federal funds rate a second time before the end of the year, although that decision will depend on further...

NEWSBYTES

Crypto exchange agrees to shut down ‘crypto ATMs’ as part of settlement

October 8, 2026

Fed: Consumer credit increased 1.9% in August

October 8, 2026

Mortgage rates rise

October 8, 2026

SPONSORED CONTENT

The Shift from Demographic Marketing

The Shift from Demographic Marketing

October 1, 2026
Meeting Ag Lending Goals Without Going It Alone

Meeting Ag Lending Goals Without Going It Alone

October 1, 2026
Beyond the Portfolio: The Wealth Manager’s New Role in a Multigenerational World

Beyond the Portfolio: The Wealth Manager’s New Role in a Multigenerational World

September 17, 2026
Banking Technology at a Strategic Crossroads

Banking Technology at a Strategic Crossroads

September 8, 2026

PODCASTS

Podcast: The birth of American money and how it triggered a revolution

October 8, 2026

Podcast: Creating seamless customer experiences

September 30, 2026

Podcast: Telling a different kind of story about community banks

September 28, 2026

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2026 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2026 American Bankers Association. All rights reserved.