Business Barometer, February 2021

February 26, 2021

Both long-term and short-term small business sentiment took an upturn in February as vaccines roll out, and early Spring expectations are high.

CFIB's Business Barometer® index, which is based on 12-month forward expectations for business performance, reached 62.5—one of the best readings in more than one year. The more immediate optimism index based on a 3-month outlook gained some traction too and reached 42.0.

Operating capacity increased marginally at 60.6 per cent. About one fifth of businesses are still barely operating (30 per cent capacity or less). Business in arts and recreation, and in the hospitality sectors remain far below their normal operating capacity...

Read the February Business Barometer®

Topic(s)

International Trade and Border Management

Information source

Industry Publication

Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.

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