Free NFIB WEBINAR:
Wednesday, March 27th at 12pm ET
Is the sun setting on the US Economy and small businesses?
After a tumultuous end to 2018, many are asking what the future holds for economic growth in the year ahead. Small business owners appear to be especially concerned, with small business confidence dropping rapidly at the end of 2018. The government shutdown, trade war with China, and uncertainties around tax code changes for small businesses are all driving uncertainty.
But even with a downshift in the economy at the end of last year, economic fundamentals remain robust with continued job and wage gains, as well as modest inflation. If the current pace of economic growth continues through July of this year, it will mark the longest stretch of U.S. economic growth on record. The focus has now begun to shift to the timing and the nature of the next downturn, and what industries and geographies are best positioned to weather it.