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Business Optimism Crashes (EP.307)

Animal Spirits Podcast

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The Importance of Small Business Optimism in the Economy

The ISM Spring 2023 semi-annual economic forecast finds that amid continuing uncertainties, purchasing and supply executives in the US manufacturing and services sector still expect growth. However, 2025 recession is still on the table. Small Business Index, a US Small Business Optimism fell to the lowest since April, 2013.

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