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Small businesses are optimistic about revenue boosts in 2025, when President-elect Donald Trump will kick off his second administration, a U.S. Chamber of Commerce report obtained by Fox News Digital shows.
The latest Small Business Index report by MetLife and the U.S. Chamber of Commerce released Monday morning found that seven in 10 small businesses, at 72%, reported they anticipate their revenues to increase next year. Last year, only 65% of businesses reported they anticipated revenue to increase, the data show.
“The growing optimism among small business owners since the beginning of the year is a positive sign as we move into 2025 and potentially points to increasing opportunities in the new year,” Bradd Chignoli, executive vice president and head of Regional Business & Workforce Engagement at MetLife, said in a press release provided to Fox Digital. “As more and more employers look to increase investment and staff size, it is important to take advantage of the resources available to them, such as voluntary benefits, which can help strengthen their company’s culture and help attract and retain new talent.”
The Small Business Index is a collaboration between MetLife and the U.S. Chamber of Commerce that measures small business owners’ and leaders’ expectations. The survey released Monday was conducted between Oct. 7 – 21, before the election’s results, and included responses from 750 small business owners and operators.
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Then-former President Donald Trump speaks during a campaign event, Wednesday, Sept. 25, 2024 in Mint Hill, North Carolina. (AP Photo/Evan Vucci, File)
The majority of business owners, at 70%, reported that holiday shopping is vital to their overall profit, which is slightly down from 2022’s Q4 report that found 79% of business owners reported the same.
The report found that inflation woes are small business owners’ top concern…
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