Is the American Dream Fading? Small Businesses Share Growing Economic Anxiety
Think running a small biz in the U.S. is all 🍔 lemonade stands and sunshine? Think again. A new CNBC survey reveals over 60% of U.S. small business owners are bracing for economic turbulence, with many raising red flags about tariffs and a possible recession.
🔍 Key Findings:
📉 66% say current or future tariffs hurt their operations
🌧️ 51% predict trade policy changes will bring 'storm clouds' in 12 months
💰 70% are already rating the economy as 'fair' or 'poor'
'It's like walking a tightrope while inflation keeps shaking the rope,' one anonymous owner told pollsters. With 70% convinced a recession is looming, financial stress levels are hitting new highs – 6/10 owners reported losing sleep over cash flow.
💡 Why This Matters Globally: U.S. small businesses employ 61.7 million people – their struggles could ripple through global supply chains and consumer markets. As policy debates heat up, young entrepreneurs worldwide are watching 📊 this economic mood ring closely.
