Reported 2 months ago
According to the National Federation of Independent Business (NFIB), small business optimism rose by 2.2 points in July, marking the highest level since February 2022, though still below the historical average. This uptick suggests that more business owners anticipate sales growth, leading them to adjust prices to remain competitive. The easing pressure on pricing is providing relief to small business owners, who are hopeful for continued sales improvement over the coming months.
Source: YAHOO