The business acumen of Donald Trump has been touted as a fresh and exciting change to the Washington D.C. landscape, and with massive results already.

trump effect

Donald Trump’s forthcoming presidency ha already created a massive boom for small business owners.

The Trump Effect, as it has affectionately been named, has brought with it a confidence in the President-Elect most famously demonstrated by enormous corporations like Ford and Chrysler, both of whom will be investing in America in the next 4 years.  Now, as it turns out, small businesses are also susceptible to the boom created by Trump.

“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.”

This enormous jump could only be possible with Trump taking office on January 20th, as his status as a Washington outsider promises to shake up the political elite that have over-regulated small businesses for years.

You can read more here.