The NFIB Business Optimism Index measures the sentiment of small businesses in the United States, reflecting their expectations for economic conditions, employment, and sales. The index is a composite of ten seasonally adjusted components, including plans for hiring, capital expenditures, and inventory changes. It serves as an important indicator of future economic activity and can provide insight into the overall health of the small business sector.
A higher than expected figure should be seen as positive (bullish) for the USD while a lower than expected figure should be seen as negative (bearish) for the USD.