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Small business optimism declines: Survey

  • A report released on May 13 revealed that small business confidence in the United States declined in April, reflecting reduced expectations for improved business conditions and lowered investment intentions.
  • The decline followed ongoing uncertainty from issues like tax policy renewal and trade tensions despite some easing inflation and tariff relief.
  • Many owners still face hiring challenges and subdued investment plans, while nearly 16 percent cited tax policy as their top problem and inflation concerns are fading.
  • The NFIB reported that its Small Business Optimism Index fell by 1.6 points to 95.8 in April, remaining below the 51-year average, while the inflation rate decreased to 2.3 percent, the lowest level seen since early 2021.
  • The report suggests that while the economy remains stable, ongoing uncertainty around taxes and trade could continue to curb small business growth and investment.
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Bloomberg broke the news in United States on Tuesday, May 13, 2025.
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