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International Business Times UK
International Business Times UK
World
Vinay Patel

67% of US Small Business Owners Fear Economic Downturn: 5 Issues They Want Candidates to Address

United States Economy Inflation Goldman Sachs
Small business owners fear US economy heading south, prioritize taxes, regulations, economic stability in upcoming elections. (Credit: Pexels)

Small business owners in the U.S. have reported the highest levels of trust and satisfaction in Congress since 2020. However, economic concerns overshadow this optimism. The National Write Your Congressman (NWYC) Q2 2024 Index reveals that 67% of respondents fear an economic downturn.

This glaring contrast between rising confidence in lawmakers and deepening anxiety about the economy's trajectory is especially pressing as the 2024 presidential election looms. The outcome of this election could significantly impact the livelihoods of many business owners, further intensifying their concerns.

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