A recent survey indicates a significant increase in small business sentiment following the implementation of the One Big Beautiful Bill. Nearly 50% of small business owners now rate the economy as ‘excellent’ or ‘good’, a substantial rise from 30% in the previous quarter. Additionally, more than half of these owners expect an increase in revenue over the next year, signaling a shift toward optimism in business conditions.

The survey also shows that concerns about tariffs and negative effects from government regulations have significantly decreased among small business owners. A strong majority of respondents expressed confidence in the job performance of President Trump, with approval ratings nearing 60%. Notably, the largest increase in optimism was reported by small business owners identifying as Democrats, indicating a broader trend of improved sentiment across political affiliations.

Overall, the data reflects a renewed sense of economic optimism in the small business sector, driven by the implementation of new policies under the Trump administration. This positive shift in sentiment is particularly noteworthy given the historical context of small business challenges in previous quarters. As the economy continues to evolve, these trends will be important to monitor for future economic forecasts and business planning.

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