# Optimistic but On Edge: What NFIB’s Indexes Say About Small Business in 2026

Page: https://stenobird.com/podcast/thrive-a-paychex-business-podcast-1231062/optimistic-but-on-edge-what-nfib-s-indexes-say-about-small-business-in-2026
Text version: https://stenobird.com/podcast/thrive-a-paychex-business-podcast-1231062/optimistic-but-on-edge-what-nfib-s-indexes-say-about-small-business-in-2026.md
Podcast: [THRIVE, a Paychex Business Podcast](https://stenobird.com/podcast/thrive-a-paychex-business-podcast-1231062)
Published: 2026-03-31T09:00:00+00:00
Episode link: https://paychexbusiness.podbean.com/e/thrive-holly-wade-and-peter-hansen/
Audio file: https://mcdn.podbean.com/mf/web/t3fcm8t8m86e5j9h/Thrive_-_Holly_Wade_and_Peter_Hansen6gca6.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/thrive-a-paychex-business-podcast-1231062/episodes/optimistic-but-on-edge-what-nfib-s-indexes-say-about-small-business-in-2026
Duration seconds: 2083

## Resource

Small business owners are feeling cautiously hopeful, but far from settled. In this episode of THRIVE, host Gene Marks sits down with Holly Wade and Peter Hansen from the National Federation of Independent Businesses (NFIB) to break down what their three signature indexes — Optimism, Uncertainty, and Employment — are really telling us about small business in 2026. From interest rates to federal policy shifts, find out why confidence is up, but small business owners are still holding their breath. Simplify your business operations: Visit paychex.com/MeetPaychex to learn how Paychex can handle your HR and payroll so you can focus on what counts. Have a topic idea? Share it at https://payx.me/thrivetopics Topics include:00:00 – Episode preview and guest introduction01:18 – Peter’s background and NFIB podcast overview04:06 – Holly’s background and NFIB Research Center history05:25 – NFIB Indexes: Optimism, Uncertainty & Employment10:24 – Dealing with Bias: Optimism, politics & perspective14:50 – NFIB survey demographics21:41 – New NFIB Employment Index: What and why25:21 – Reconciling NFIB data and survey challenges29:47 – Current read on optimism and uncertainty33:03 – Wrap up and thank you #BusinessPodcast #Entrepreneurship #SmallBusiness #iHeartSummit #ApplePodcasts #SpotifyPodcasts DISCLAIMER:The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/thrive-a-paychex-business-podcast-1231062/episodes/optimistic-but-on-edge-what-nfib-s-indexes-say-about-small-business-in-2026/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/thrive-a-paychex-business-podcast-1231062/optimistic-but-on-edge-what-nfib-s-indexes-say-about-small-business-in-2026.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.