Small Business Owners Wait to Invest | Salt Lake City News
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Small Business Owners Wait to Invest | Salt Lake City News
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Small business owners are feeling cautiously optimistic about their current situation but are holding off on big investments due to economic uncertainty. The optimism index dipped slightly in August, and future outlooks are dimmer than before, fueled by lingering effects of July’s boost, policy shifts, and weak consumer spending expectations. Labor shortages—especially in construction and manufacturing—remain a top concern, alongside inflation and taxes, keeping businesses on the sidelines until the fog clears.
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