Archive · 18 Nov 2025
Small Businesses Optimistic About Revenue Growth and Expansion
A Bank of America survey found that many small and mid-sized business owners in the US are feeling hopeful.
They expect their revenue to grow next year and plan to expand their businesses.
They think that tariffs and inflation are stabilizing, and supply chains will improve.
However, they're still having trouble finding enough workers.
74% of small and mid-sized businesses expect revenue growth next year
Nearly 60% plan to expand their business
Business owners are confident about economic stability and supply chain improvement
Labour shortages remain a challenge, but hiring plans are positive
Over 50% have raised prices to manage inflation
- Who
- Small and mid-sized business owners in the US
- What
- Expect revenue growth and business expansion
- When
- Next year
- Where
- In the US
- Why
- Due to economic stability, supply chain improvement, and business growth plans
Optimistic View
Challenges Ahead
Economic Outlook
Optimistic View
Business owners are confident about economic stability and supply chain improvement
Challenges Ahead
Labour shortages and inflation remain challenges
- Revenue Growth Expectation
- 74%
- Business Expansion Plans
- Nearly 60%
- Labour Shortages Affecting Businesses
- Three in five
- Price Increases Due to Inflation
- More than half
- AI Adoption in Last Five Years
- 77%