Recession Concerns 'Talking Down' Small Business Optimism: NFIB

The video discusses the NFIB's optimism index, highlighting a slight drop in optimism but maintaining a high historical level. Despite job creation and sales increases, uncertainty is rising due to recession fears. Interest rate changes have minimal impact on small business decisions. The success of deregulation and tax cuts is emphasized, with small businesses benefiting significantly. Trade policy uncertainty affects only a minority of businesses, while productivity challenges persist due to a lack of qualified workers.

What were the effects of the deregulation agenda and the tax cuts on small businesses?

How are small businesses currently managing the increased labor costs due to wage raises?