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Trump's Policies Propel Small Business Growth Despite October Dip

11/19/2025

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Story summary
  • U.S. President Donald Trump has fostered stability and growth for small businesses, despite an October dip.
  • There are 36.2 million small businesses, employing nearly 46% of the private-sector workforce.
  • Trump's initiatives, including permanent tax cuts and reduced regulations, aim to boost these businesses.
  • In fiscal year 2025, the Small Business Administration approved a record $44.8 billion in loans, creating over half a million private-sector jobs since his inauguration.