Main Street Businesses Challenge Wall Street's Recession Predictions

Reported 2 months ago

Despite concerns over a looming recession, small businesses in the U.S. are showing optimism, with the National Federation of Independent Businesses reporting its highest owner optimism index in over two years. Although inflation and labor costs remain challenges, increased investment plans and job openings suggest a resilient demand outlook. As the Federal Reserve considers interest rate cuts, the overall economic growth continues to impress with strong indicators, contrasting Wall Street's pessimism.

Source: YAHOO

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