The Latest Forecast
Sunny and cold. Storm clouds in the far distance.
What it means: The latest data show positive growth in emergency savings and small business owners’ confidence in their own firms. Difficulty in finding qualified and willing employees is making the temperature cold and is dampening growth expectations. The storm clouds in the distance are formed by federal regulatory overreach, which is a longer-term concern.
Listen: Tom Sullivan and National Federation of Independent Business (NFIB)’s Holly Wade talk about their small business forecasts on a weekly podcast. Listen here.
Explore key takeaways from the latest small business reports below. The next MetLife & U.S. Chamber Small Business Index release is Wednesday, March 29, 2023.
New Small Business Data
PNC Semi-Annual Survey of Small and Mid-Sized Businesses (February 27, 2023)
Summary: Difficulty in…