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The Guardian - US
The Guardian - US
Business
Guardian community team

US small business owners: how are you operating in the current economic climate?

Cafes and shops on a pedestrianised main street in virginia
How are small businesses in the US faring in the current economic climate? Photograph: Ian Dagnall/Alamy

An index of US small business optimism reportedly fell in May to the lowest level since October 2024, which Bloomberg says has erased “almost all of the gains seen since President Donald Trump was elected for a second term”.

The National Federation of Independent Business optimism index fell 0.6 points to 95.3, according to data put out last week. The measure had previously hit a six-year high in December 2024 following Trump’s re-election.

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