US small business optimism rises to 97.4 in June

(Sharecast News) - The National Federation of Independent Business' small business optimism index rose to 97.4 in June, its highest level in four months, up from 95.3 in May and above expectations of 95.8. June's increase reflected stronger expectations for improved business conditions and higher real sales. However, inflation remained the most‑cited problem, with 21% of respondents identifying it as their biggest challenge - a three‑point rise on the month and the highest reading since October 2024.

The net share of owners expecting better business conditions over the next six months climbed ten points to a net 13%, marking a notable improvement in sentiment.

"Lower fuel costs provide welcome relief for businesses as well as consumers, with firms anticipating improved operating conditions over the next six months. While there have been improvements in the overall environment, high interest rates and modest economic growth are causing owners to approach hiring and capital spending with caution", said NFIB chief economist Bill Dunkelberg.







Reporting by Iain Gilbert at Sharecast.com