Youtube
· 60 Minutes
· business
60 Minutes · Small business optimism impacted by global events
- 1. Small business optimism remains below average, rising just 0.1 points in April.
- 2. Global geopolitical events like tariffs, war, and surging gas prices fuel small business uncertainty.
- 3. Small business owners are primarily concerned about inflation, labor quality, and persistent tax issues.
- 4. Retail spending cooled in April as consumers pull back to afford higher energy costs.
- 5. Sustained uncertainty keeps small business optimism below average, impacting consumer confidence levels.