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Survey: Small business confidence hits record high

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#ShopSmall stickers are pictured at the Boston General Store in Coolidge Corner in Brookline, MA on Small Business Saturday, Nov. 25, 2017. Photo: Jonathan Wiggs/The Boston Globe via Getty Images

A record percentage of small business owners are optimistic about current business conditions, according to the latest CNBC/SurveyMonkey Confidence Index.

Why it matters: The index, which calculates sentiment among more than 2,000 business owners, returned to a record high of 62/100 in Q3 2018 after concerns over the Trump administration's trade policy and imposition of tariffs caused a 1-point dip in Q2 2018.