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US small business sentiment improves in May, but uncertainty rising
- A report released Tuesday showed that small business optimism rose by three points to 98.8 in May, marking the first increase since December.
- This improvement followed a 10-point rise in owners expecting better business conditions and an 11-point increase in those expecting higher sales volumes from April despite ongoing uncertainty.
- However, uncertainty stayed high as inventory shortages worsened with a net 1 percent of owners calling stocks “too low,” the largest monthly increase ever and highest since August 2022.
- NFIB Chief Economist Bill Dunkelberg noted that while small business confidence improved somewhat in May, a significant level of uncertainty continues to affect owners, as indicators for profit outlooks and planned job growth showed a modest decline.
- The report suggests that while optimism improved due to sales and economic expectations, persistent supply and labor market challenges may continue to restrain growth.
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US small business sentiment improves in May, but uncertainty rising
U.S. small-business confidence improved in May, likely because of a de-escalation in trade tensions between Washington and China, though uncertainty over the outlook mounted amid worries over the fate of President Donald Trump's tax-cut agenda.
·United Kingdom
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The confidence of small businesses in the United States (EU) improved in May, probably due to a de-escalation of trade tensions between Washington and China, although uncertainty about prospects increased amid concerns about the fate of President Donald Trump's tax-cutting agenda.The National Federation of Independent Enterprises reported that its Small Business Optimism Index increased three points to 98.8 points in May, increasing for the firs…
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Total News Sources14
Leaning Left1Leaning Right1Center4Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 17%
C 67%
R 17%
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