2025年10月,美国小企业乐观情绪减弱,原因是销售疲软和雇用挑战持续存在。 U.S. small-business optimism edged down in October 2025, driven by weaker sales and persistent hiring challenges.

2025年10月,美国对小企业的乐观情绪略微下降至98.2,从9月的98.8下降到9月的98.8,收入趋势急剧下降9点,扭转了最近的增长。 U.S. small-business optimism dipped slightly to 98.2 in October 2025, down from 98.8 in September, according to the NFIB, with a sharp nine-point drop in earnings trends reversing recent gains. 所有者越来越多地将较弱的销售而不是劳动力或通货膨胀作为利润较低的主要原因。 Owners increasingly cited weaker sales, not labor or inflation, as the main reason for lower profits. 商业健康观念下降,业主将企业评为 " 良好 " 的更少,更称其为 " 公平 " 。 尽管不确定性指数下降至88,今年的最低水平仍然高于平均水平。 Business health perceptions declined, with fewer owners rating their business as “good” and more calling it “fair.” Despite a drop in the uncertainty index to 88—the lowest this year—levels remain above average. 劳动质量仍然是最令人关切的问题,近三分之一的企业无法填补职位空缺,特别是在建筑业。 Labor quality remains a top concern, with nearly one-third of businesses unable to fill job openings, especially in construction. 扩张意图保持在13%的低点,反映了当前经济逆风的谨慎情绪。 Expansion intentions stayed low at 13%, reflecting cautious sentiment amid ongoing economic headwinds.