U.S. Small-Business Optimism Index Surges by Most Since 1980
Optimism among America’s small businesses soared in December by the most since 1980 as expectations about the economy’s prospects improved dramatically in the aftermath of the presidential election. The National Federation of Independent Business’s index jumped 7.4 points last month to 105.8, the highest since the end of 2004, from 98.4. While seven of the 10 components increased in December, 73 percent of the monthly advance was due to more upbeat views about the outlook for sales and the economy, the Washington-based group said. The share of business owners who say now is a good time to expand is three times the average of the current expansion, according to the NFIB’s data. More companies also said they plan to increase investment and keep hiring, which reflects optimism surrounding President-elect Donald Trump’s plans of spurring the economy through deregulation, tax reform and infrastructure spending. Please click on the link to read the rest of the story from bloomberg.com
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Ford bringing back Ranger – Bronco
This has been a blurb in several media sources and I could not find a full story. Ford Motor Company is bringing back the mid size pickup the Ford Ranger in 2019, and the original SUV the Bronco in 2020.
The Ranger was produced from 1983-2011. The resale value on them as well as the Chevy S 10 and GMC Somoma has been high because of consumer demand for the smaller truck.
The Bronco was produced from 1966-1996. It had a smaller counterpart the Bronco II in the 1980’s-90’s. The full size Bronco was replaced by the Excursion in 1997.
It is noteworthy the Bronco was slated to be produced in Mexico. Now, it will be produced in Michigan.-sd
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