With less than a week to go until the election, and despite all of the spin from the White House, a new survey found that small business uncertainty has reached an all-time high.
And not only that, but the small business 'optimism index' is below the 50-year average for the 33rd consecutive month.
"I think there's a lot of election anxiety" said Jeff Burdett, Texas State Director at the NFIB, "There's an uncomfortable holding pattern, you've got two candidates that have very different views on taxes and regulations."
And despite the spin from the White House, small businesses are still struggling.
"Inflation and worker shortages are still businesses top struggles" Burdett told KTRH, "And regardless of what you hear about inflation from our national media, the input costs on business owners side have not decreased."
As a result, small business owners have been putting off hiring and expansion decisions until after the election.
"I've been around the state this month, and the last few months talking to small business owners" noted Burdett, "And a lot of them have either postponed, scaled down, delayed, or really cancelled investment plans for the rest of 2024."
The hope is that will all change, after Election Day.
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