Optimism stemming from small businesses has turned substantially since before the election of Donald Trump for president, according to a survey conducted by Bank of America (BAC) - Get Bank of America Corp Report.
The number of owners expecting the national economy to improve over the next 12 months spiked to 51% in the survey released today from 31% in a poll taken from August to October.
The number of owners expecting growth in their local economy rose to 49% from 36%.
Bank of America's survey was conducted through March and April, and questioned 1,300 owners of small businesses.
(What will move markets this quarter and how should investors position themselves ahead of time? Jim Cramer sat down with four of TheStreet's top columnists recently to get their views. Click hereto listen to his latest Trading Strategies roundtable with them and read their advice for stocks, bonds, forex and gold.)