The latest Principal Well-Being IndexSM signals a sharp rise in economic anxiety among U.S. small businesses, with recession fears increasingly front of mind.
Macro uncertainty amid a series of shocks has led to a decline in confidence in both the business and broader economic outlook.
While subdued optimism has pushed firms to prioritize cost efficiency over expansion more recently, underlying fundamentals across the small business sector remain relatively resilient.
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By Christian Floro, CFA, Market Strategist
Macro uncertainty amid a series of shocks has led to a decline in confidence in both the business and broader economic outlook. Moreover, despite limited direct global exposure, these shocks have
