Quartz·1 min read·easy

U.S. small business sentiment surged to an 11-month high in July as hiring plans jumped

Cris Tolomia
AI Summary

U.S. small business optimism reached an 11-month high in July, driven by a significant increase in hiring plans. The index rose to 99.8, exceeding its long-term historical average.

The optimism index climbed 2.4 points to 99.8, surpassing its 52-year average, while planned hiring jumped to its highest level since October 2022

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