This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
Trading items are of different types. There are data downloaders, trading indicators, trading systems, watchlists, composites/indices...
You can use this item and hundreds of others for free by downloading QuantShare.
Top Reasons Why You Should Use QuantShare:
Works with US and international markets (stock, forex, options, futures, ETF...)
Offers you the tools that will help you become a profitable trader
Allows you to implement any trading ideas
Exchange items and ideas with other QuantShare users
Our support team is very responsive and will answer any of your questions
We will implement any features you suggest
Very low price and much more features than the majority of other trading software
The National Federation of Independent Business is an association that represents independent and small businesses. It is founded in 1943 and it releases a sentiment indicator/index called the Small Business Optimism index.
The small business optimism index is created from a monthly survey conducted by NFIB to measure the optimism of small business owners. The small business optimism index is an indicator of how independent and small businesses think of the current state of the economy.
The monthly survey gets business owners' sentiment regarding employment, capital spending, sales and inventories, inflation, earnings and credit.
In October, the index value increased to 91.7 from the 89 value of September. Although this was an increase of 2.7 point (3.03%), the index is not yet out of the recession zone according to economists. Over the previous 5 years, the highest small business optimism index value was 94.6 and it occurred in December 2007.
This trading item gets historical data for the small business optimism index (5 years). The item creates a new symbol "^sb_optimism_index" and associates the downloaded data to it.
More information can be found at the National Federation of Independent Business website: http://www.nfib.com
