“Small business owners are matching the market with increased confidence,” CNBC reports in their latest Small Business Survey — which shows a renewed sense of economic optimism as President Donald J. Trump’s policies deliver results and as the landmark One Big Beautiful Bill takes effect.
Here’s what you need to know:
- Nearly half of small business owners rate the economy as “excellent” or “good” — up from 30% in the previous quarter.
- More than half of small business owners expect revenue to increase over the next year — up 10% from last quarter — and more describe their business conditions as “good.”
- Fewer small business owners “have been, or expect to be impacted by tariffs.”
- There has been a sharp decline in the number of small business owners who expect government regulations, tax policy, and trade policy to negatively impact their operations.
- Confidence in President Trump has spiked, with nearly six-in-ten small business owners approving of his job performance — improving sentiment shared “across the political spectrum.”
- SurveyMonkey’s Sam Gutierrez: “Small business owners who identify as Democrats report the largest increase in sentiment. They are much more optimistic about business conditions compared with the previous quarter.”