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Story perspectives

Small Businesses Stay Confident Despite Hiring and Tariff Woes

8/10/2025

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Story summary
  • Small business confidence is strong, driven by consumer spending and a new tax bill, despite tariff concerns.
  • Hiring challenges persist, with 33% of businesses struggling to fill positions and 84% citing a lack of qualified applicants.
  • While 67% of owners have a positive economic outlook, 80% express concerns about inflation and tariffs.
  • Looking ahead, 75% of businesses are optimistic about growth opportunities in 2025.