Small-scale Enterprise Optimism Index Declines For The first Time in Half A Year
Every month in the US, the National Federation of Independent Business posts an index of how confident small-scale organizations are in the progression of their business. A foreign national can be qualified to receive an Eb5 visa and be on his way to American citizenship if he sets up a small business in the United States with over 10 staff. You would be working on a similar level to those who took part in this survey by the NFIB.

With the March employment statistics in, there has been a lowering of expectations in how well the US economy will grow this current year, with the unemployment rate at 8.2%. The smaller business optimism index suggests that there is a worry among smaller businesses about where the economy is heading.

The index measures a array of factors including sales growth and the ability to hire new staff. All of the elements saw a drop in level with sales growth looking in particular stagnant among smaller businesses.

According to the NFIB report, 22% of businesses were expecting to perform poorly sales wise in the coming months and this has led to the index declining for the first time in half a year. With a 94.3% rating in February, this dropped 2 percentage points in March to only 92.5%.

Smaller corporations are the basis of the US economy and usually when the optimism index sees a decline, the wider economy normally follows suit shortly afterwards. The index has been going since 1986 and the percentages since the credit crunch have seen the lowest numbers recorded.

If you are interested in the eb5 visa, and want to contribute to the US economy, read the info here on how you should go about applying.