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NFIB Weekly News
Quarterly survey focuses on the construction, manufacturing, retail, and services industries (05/27/2025)
WASHINGTON, D.C. (May 27, 2025) – The NFIB Research Center released an industry-specific quarterly Small Business Economic Trends survey highlighting the construction, manufacturing, retail, and services industries. According to the report, the Optimism Index across the four reported industries decreased from the previous quarter. Despite this decline, optimism in the construction, manufacturing, and services industries was higher than that of the overall business community in April. In fact, the indices for each sector, excluding retail, remain above the overall Optimism Index 51-year average of 98. Optimism among small retailers landed significantly lower than the other three highlighted industries.
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