Reported about 20 hours ago
In February, small businesses in the U.S. reduced their workforce by approximately 125,000 jobs, reflecting economic pressure, particularly within the leisure and hospitality sectors. Average inflation-adjusted revenue also declined, indicating potential strain on consumer spending. This data, released by Intuit, suggests small firms are early indicators of broader economic trends, coinciding with concerns about new tariffs and potential risks to growth.
Source: YAHOO