US small business optimism up but uncertainty clouds outlook
The NFIB Small Business Optimism Index rose to 100.3 in July, surpassing the 52-year average of 98 amid easing tariff concerns and improved labor conditions, NFIB said.
- On Tuesday, the National Federation of Independent Business released its July Small Business Optimism Index, rising 1.7 points to 100.3, above the 52-year average of 98.
- Amid easing tariff concerns, Holly Wade noted the One Big Beautiful Bill's tax provisions were `really, really critical`, and a 90-day China trade deal extension has provided more breathing room.
- When asked to rate their business health, 13% of small-business owners reported excellent and 52% good, while the net expect better conditions rose 14 points to 36%, and the NFIB uncertainty index increased from 89 to 97.
- In July, small-business owners reported that 16% said it is a good time to expand, up five points, and a net 14% plan to create new jobs, up one point.
- Amid strong hiring figures, government data shows a 1% firing rate and 3.3% hiring rate, with over 40% of small businesses raising prices due to tariff-related cost pressures.
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The National Federation of Independent Business (NFIB) has reported a rise in small business optimism in July, despite concerns about tariffs and inflation. Small Business Optimism Rises, But Uncertainty Persists The Small Business Optimism Index, as reported by the NFIB, increased by 1.7 points in July to reach 100.3, slightly surpassing the index’s long-term average of 98, The Hill reported. The rise was attributed to better business condition…
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Read Full ArticleSmall Business Optimism Rises More Than Projected Amid Expected Policy Clarity
US small business optimism rose more than expected in July amid hopes that owners will benefit from legislative and trade clarity, a survey by the National Federation of Independent Business showed... -August 12, 2025 at 03:44 pm EDT MarketScreener
Coverage Details
Total News Sources15
Leaning Left2Leaning Right3Center7Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 17%
C 58%
R 25%
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