US Small-Business Optimism at 11-Month High, Hiring Plans Jump 20%
The NFIB Small Business Optimism Index rose to 99.8 in July, the highest level since August 2025, with owners broadly signaling stronger hiring plans as a net 20% expect to add jobs. However, uncertainty remains elevated and concerns about inflation, labor quality, and persistent labor shortages continue to temper the outlook for small businesses.