Curated News
By: NewsRamp Editorial Staff
November 06, 2024

Freedom Economy Index Survey Reveals Small Business Expectations Under a Second Trump Presidency

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Source News Release

TLDR

  • Small businesses are more willing to invest and expand under a Trump presidency, giving them a competitive advantage.
  • The Freedom Economy Index survey shows that small businesses are ready to invest and expand with a second Trump presidency.
  • Under a Trump presidency, small businesses will be able to invest in their growth, potentially making tomorrow better than today.
  • Less than 2% of small businesses said they would expand under a Harris presidency, according to the Freedom Economy Index survey.

Impact - Why it Matters

The survey results provide insight into the expectations of America's small business community, indicating a willingness to invest and expand under a second Trump presidency. The findings also shed light on dissipated inflation concerns, but lingering economic pessimism leading up to the election. Small business owners and the broader economy can use this information to gauge potential future trends and make informed decisions.

Summary

America's small business community expressed their expectations under a second Trump presidency, with 83% ready to invest and expand, and 81% planning to hire more employees. Inflation concerns have dissipated, with less than 1% anticipating greater inflation under Trump. However, economic pessimism trended into Election Day, with over half of business owners feeling pessimistic or worried about the future of their business.

The Freedom Economy Index survey findings were highlighted by PublicSquare CEO Michael Seifert and RedBalloon CEO Andrew Crapuchettes, who noted a new energy among their customers following the election. For more details, read the full survey here.

Source Statement

This curated news summary relied on this press release disributed by Newsworthy.ai. Read the source press release here, Freedom Economy Index Survey Reveals Small Business Expectations Under a Second Trump Presidency

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