US Small Business Confidence Reaches 6-Month Peak Amid Inflation Concerns
Tuesday, 9 July 2024, 10:15
US Small Business Sentiment Soars
The NFIB revealed a significant rise in the Small Business Optimism Index to 91.5 in June, the highest level since December.
Inflation Concerns Persist
About 16% of businesses are planning to increase compensation for workers in the next three months.
Labor Market Challenges
- Skilled Labor Shortage: Businesses reported unfilled positions for unskilled labor on the rise.
Despite the positive trend in sentiment, concerns about inflation and labor shortages remain prevalent in the small business sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.