A recent CNBC survey reveals that only 30% of respondents rate the U.S. economy as "excellent" or "good", while 70% call it "fair" or "poor". Among them, 70% believe the country is headed for a recession.
Tariff worries are front and center for small operators: 66% say they have been or expect to be impacted by tariffs, and 51% foresee negative effects on their business in the next 12 months.
Uncertainty around trade policy and rising costs are straining budgets: over 60% of small business owners report being "very" or "somewhat" stressed about their business and personal finances. Inflation and shifting consumer demand top their list of risks.
From local cafes adjusting menu prices to boutique studios delaying expansion plans, entrepreneurs across the nation are feeling the squeeze. Many say these headwinds have forced them to rethink hiring, investment and growth strategies.
As policymakers debate the future of U.S. trade policy, small business owners will be watching closely. Will easing tariffs bring relief? Or will uncertainty continue to shape decisions on Main Street?
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Over 60% of U.S. small businesses pessimistic about U.S. economy
cgtn.com
