Small Business Optimism Dips in October
Update: 2025-11-11
Description
Small business optimism in the U.S. plummeted in October, marking the second consecutive month of decline, due to the ongoing government shutdown and worker shortages. The NFIB survey revealed the lowest optimism since April, with owners worried about the shutdowns impact and struggling to hire qualified workers. Despite these challenges, some positive signs emerged, such as positive sales expectations and high capital expenditure plans. However, the shutdowns uncertainty continues to pose a threat to small businesses, which typically create up to sixty percent of new jobs.
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