NFIB is the voice of small business. NFIB is nonprofit, nonpartisan, and member-driven. All Facebook Terms continue to apply.
We’re a member-driven organization advocating for America’s small and independent business owners in Washington, D.C., and all 50 state capitals. Founded in 1943, and headquartered in Nashville, Tennessee, the National Federation of Independent Business is America’s leading small-business advocacy association. NFIB is the voice of small business, advocating on behalf of America’s small and indepen
dent business owners, both in Washington, D.C., and in all 50 state capitals. Since our founding, NFIB has been exclusively dedicated to small and independent businesses, and remains so today. NFIB research and polls, such as its monthly Small Business Economic Trends, have been used and cited by Federal Reserve officials, Congress, state legislatures and top gubernatorial and presidential administration officials as one of the more valuable barometers of the American economy. NFIB also works with trusted providers to offer its members quality products and services that can save their businesses time and money. DISCLAIMER:
Please don't assume that the National Federation of Independent Business (NFIB) agrees with or otherwise endorses any particular comment posted on our page just because we let it stand. We never censor content based on political or ideological point of view, as we are a non-partisan organization. If we do review comments, we only delete content that is abusive, off-topic, uses excessive foul language, or includes ad hominem attacks. NFIB is not responsible for content posted by our fans and any content posted by fans in no way represents the views of NFIB. Please be respectful and responsible in what you write on the NFIB page. We encourage vigorous debate and discussion but urge you to exercise good judgment and common sense when sharing links, images, videos and comments. We may also provide links to other external websites or resources over which NFIB does not have control. Such links do not constitute an endorsement by NFIB of those external websites. You acknowledge that NFIB is providing these links to you only as a convenience, and further agree that NFIB is not responsible for the content of such external websites or any business dealings you may have with such external websites. For more information, please read: http://www.facebook.com/terms.php.
NFIB supports a U.S. House Bill that protects small businesses from burdensome regulations and focuses on eliminating the loopholes in the Regulatory Flexibility Act (RFA). The legislation ensures that federal agencies fully consider the impact of regulations on . Urge your Representatives to support this legislation:
NFIB supports legislation that ensures federal agencies consider the impact of regulations on small businesses. Urge your Representatives to support this bill.
“The Warehouse Worker Protection Act is a grab bag of bad policies that includes several provisions that will further hinder the small business economy,” said Dylan Rosnick, NFIB Principal of Federal Government Relations. The U.S. House introduced legislation that would lead to increased costs, burdensome mandates, and more red tape on small businesses. Learn more:
The Warehouse Worker Protection Act includes burdensome provisions for small businesses. Take action to urge Congress to oppose this harmful legislation.
Chief Economist Bill Dunkelberg penned a new article in Forbes on small business owners’ uncertainty about the future of their business: “When the path forward is not clear, it’s harder to decide on a direction and strategy."
Read more:
https://www.forbes.com/sites/williamdunkelberg/2024/07/16/uncertainty-clouds-the-future/
Yahoo! Finance on the latest Small Business Economic Trends survey: "U.S. small business confidence rose to a six-month high in June, despite persistent inflationary pressure. The National Federation of Independent Business (NFIB) reported on Tuesday that its Small Business Optimism Index rose one point to 91.5 last month, the highest level since last December.”
Read more:
https://finance.yahoo.com/news/small-cap-etfs-turn-around-190000510.html?guccounter=1
Full survey here:
https://www.nfib.com/content/press-release/economy/inflation-remains-top-problem-for-main-street
’s June Small Business Economic Trends survey is cited in Small Business Trends: "The NFIB Small Business Optimism Index reached its highest point of the year in June, hitting 91.5, a one-point increase from May. Despite this rise, the index remains below the historical average of 98 for the 30th consecutive month.”
Read more here:
https://smallbiztrends.com/inflation-remains-top-issue-for-small-businesses-despite-slight-optimism-increase/
More from the survey:
https://www.nfib.com/content/press-release/economy/inflation-remains-top-problem-for-main-street/
During the U.S. Supreme Court's 2023-2024 term, the Court heard a number of cases that will significantly impact and the Main Street economy. filed amicus briefs in 12 of the cases presented - five were decided in favor of .
Learn more about 's efforts to protect Main Street:
https://www.nfib.com/content/press-release/homepage/recent-supreme-court-term-delivers-key-victories-for-main-street/
Financial Regulation News highlights recent research, quoting Chief Economist Bill Dunkelberg: “This summer, small business owners continue to try to hire and find qualified employees for their open positions. The number of small businesses with one or more job openings they can’t fill remains at exceptionally high levels. However, owners are raising compensation at historically high levels to attract and retain employees.”
Read more:
https://financialregnews.com/nfibs-jobs-report-looks-at-hiring-trends-challenges/
member Michael Ervin of Coal River Coffee in West Virginia joined the VoiceAmerica - Live Internet Talk Radio Business Buzz podcast to discuss his testimony in April before the U.S. House Ways & Means Committee: “[The Small Business Deduction] helps small businesses be more profitable and reinvest into their business."
https://www.voiceamerica.com/episode/150737/small-business-tax-deduction-bye-bye-baby-wake-up
More on Ervin's testimony:
https://www.nfib.com/content/analysis/national/small-business-owner-testifies-before-u-s-house-committee/
The latest is available now! In this episode, Senior Attorney Rob Smith and Executive Director of the Small Business Legal Center Beth Milito discuss the Department of Labor's new overtime rule that took effect July 1.
Listen now:
https://www.nfib.com/SmallBusinessRundownPodcast/
Nasdaq cites ’s June Small Business Economic Trends survey: “The NFIB (National Federation of Independent Business) Small Business Optimism Index increased in June to 91.5 from 90.5 in May, marking the 30th consecutive month below the 50-year average of 98. However, the reading for June was the highest so far this year.”
Learn more:
https://www.nasdaq.com/articles/5-small-cap-stocks-buy-despite-inflation-headwinds
More from the survey:
https://www.nfib.com/content/press-release/economy/inflation-remains-top-problem-for-main-street/
OUT NOW: 's June Small Business Economic Trends survey found that the # smallbiz Optimism Index increased one point in June - yet outlook remains low.
Learn more from the report:
https://www.nfib.com/content/press-release/economy/inflation-remains-top-problem-for-main-street/
member Michael Ervin of Coal River Coffee in West Virginia joined the VoiceAmerica - Live Internet Talk Radio Business Buzz podcast to discuss his , his testimony in April before the U.S. House Ways & Means Committee, and his efforts to encourage Main Street revitalization: “[The Small Business Deduction] helps small businesses be more profitable and reinvest into their business. The idea is that you take this money – this isn’t money that I get to take and go on a cruise and go do whatever I want with – this is business income, so that I can reinvest it into my community, into my employees, and into my business in general…[If the Small Business Deduction is not made permanent] that will do away with our ability to grow, and our ability to compete with [corporate businesses], so I don’t know how our government expects us to keep our doors open.”
https://www.voiceamerica.com/episode/150737/small-business-tax-deduction-bye-bye-baby-wake-up
More on Ervin's testimony:
https://www.nfib.com/content/analysis/national/small-business-owner-testifies-before-u-s-house-committee/
ICYMI: Research Center's June jobs report found openings on Main Street fell to a seasonally adjusted 37%, yet owners continue to struggle to find qualified workers.
More from the report:
https://www.nfib.com/content/press-release/economy/nfib-monthly-jobs-report-job-openings-on-main-street-fall-in-june/
“The National Federation of Independent Business released the survey results Tuesday, which show that 21% of small business owners cite inflation as the single most important problem in operating their business, more than any other issue,” reports The Center Square.
Learn more:
https://www.thecentersquare.com/national/article_ff729bc2-3d6a-11ef-b6b1-6b38c2b8f82c.html
Executive Director of the Research Center Holly Wade spoke with Marketplace Business News regarding the June Small Business Economic Trends survey: “We’re still seeing very elevated levels of business owners saying that they’re planning to increase compensation. And business owners are then having to try and figure out the best ways of absorbing those cost increases.”
Learn more:
https://www.marketplace.org/2024/07/09/small-business-optimism-climbs-inflation-compensation-wages/
From Inc. Magazine: “The latest Small Business Optimism Index from the National Federation of Independent Business reached 91.5 in June, an increase of one point from May and the most optimistic reading of 2024 to date…But context is key, as expectations for better business conditions remain net negative (in 2019 and 2020, expectations in all but one month were net positive). And the June optimism index still marks the 30th month below the index's historical average of 98."
Read more:
https://www.inc.com/sarah-lynch/small-business-optimism-hits-new-high-year-halfway-point.html
More from the report:
https://www.nfib.com/content/press-release/economy/inflation-remains-top-problem-for-main-street/
PYMNTS.com: What's Next in Payments covers the June Small Business Economic Trends survey, quoting NFIB's Chief Economist Bill Dunkelberg: “Main Street remains pessimistic about the economy for the balance of the year.”
Read more:
https://www.pymnts.com/economy/2024/small-business-optimism-creeps-up-but-inflation-concerns-persist/
Bloomberg reports on Optimism: “The National Federation of Independent Business sentiment index advanced one point to 91.5 last month. While still pessimistic about the outlook for business conditions, the share of firms expecting the economy to worsen is the smallest in three years.”
Learn more:
https://www.bloomberg.com/news/articles/2024-07-09/us-small-business-optimism-rises-for-third-month-to-2024-high
NEW EPISODE! In the latest , Senior Attorney Rob Smith joins Small Business Legal Center Executive Director Beth Milito to discuss the Department of Labor’s new overtime rule that took effect July 1. Tune in to hear experts break down what the rule means for , along with answers to employee wage law compliance questions!
Rate and review:
https://www.nfib.com/SmallBusinessRundownPodcast/
Reuters reports: “U.S. small business confidence increased to a six-month high in June, but inflation worries lingered amid a rise in the share of owners planning to raise compensation for workers over the next three months. The National Federation of Independent Business (NFIB) said on Tuesday its Small Business Optimism Index climbed one point to 91.5 last month, the highest level since last December."
Read more:
https://www.reuters.com/markets/us/us-small-business-sentiment-rises-six-month-high-june-2024-07-09/
More from the report:
https://www.nfib.com/content/press-release/economy/inflation-remains-top-problem-for-main-street/
Small Business Trends reports on the U.S. Supreme Court’s decision in Corner Post Inc. v. Federal Reserve, quoting Small Business Legal Center Executive Director Beth Milito: “Small business owners shouldn’t be denied the right to challenge government regulations, and we’re glad to see the Supreme Court agrees. Unreasonable government regulations are consistently a top issue for small business owners, and today’s decision will allow owners to challenge them as they see fit.
Learn more:
https://smallbiztrends.com/supreme-court-decision-empowers-small-businesses-to-challenge-regulations/
Research Center Executive Director Holly Wade appeared on Yahoo Finance to discuss NFIB’s June Small Business Economic Trends survey and the challenges facing Main Street as face historic headwinds: “Consumers are fatigued with price increases. They’re hesitant to go out and absorb those costs, and they’re looking to be more strategic about their purchases.”
Learn more:
https://www.nfib.com/content/press-release/economy/video-nfibs-holly-wade-discusses-small-business-outlook-on-yahoo-finance/
The National Desk - TND covers ’s June jobs report: “The June jobs report from the National Federation of Independent Business showed 37% of small businesses had an opening they couldn’t fill. But that was down five points from May.”
Learn more:
https://thenationaldesk.com/news/americas-news-now/number-of-small-businesses-with-job-openings-they-cant-fill-still-high-economy-labor-market-jobs-employment-national-federation-of-independent-business
Inc. Magazine quotes 's Beth Milito concerning the Department of Labor’s overtime rule increasing the minimum salary threshold for exempt employees, which went into effect on July 1, 2024: “Survey your employees and make sure you're in compliance with existing laws…this is a really good time to do sort of a wage and hour 'physical,' if you will, in your business."
Learn more:
https://www.inc.com/sarah-lynch/new-federal-overtime-rule-effect-today-what-know.html
The June Small Business Economic Trends survey found that outlook remains low - despite the one-point increase in the Optimism Index this month.
Learn more from the report:
https://www.nfib.com/content/press-release/economy/inflation-remains-top-problem-for-main-street/
American City Business Journals reports on the U.S. Supreme Court’s decision in Loper Bright v. Raimondo overturning Chevron. Small Business Legal Center Executive Director Beth Milito is quoted: “For 40 years, Chevron deference has allowed administrative agencies to enact regulations with little accountability. Finally, Main Street can breathe a sigh of relief. Abandoning Chevron will hold agencies accountable and level the playing field in court cases between small businesses and administrative agencies.”
Read more:
https://www.bizjournals.com/bizjournals/news/2024/06/28/supreme-court-federal-rules-chevron-small-business.html
CNN highlights ’s May Small Business Economic Trends survey: “...the National Federation of Independent Business’ optimism index hit the highest level of the year (although firms’ uncertainty rose as well).”
Read more:
https://www.cnn.com/2024/06/15/economy/good-news-inflation-may/index.html
ICYMI: The June jobs report found openings on Main Street fell to a seasonally adjusted 37%, yet owners continue to struggle to find qualified workers.
Learn more from the report:
https://www.nfib.com/content/press-release/economy/nfib-monthly-jobs-report-job-openings-on-main-street-fall-in-june/
ICYMI! The Wall Street Journal covered 's June jobs report: “NFIB’s June employer survey, due out on Thursday, shows small firms raising wages but still struggling to find the workers needed to fill open positions. In a possibly ominous sign for future growth, there are also fewer open positions.”
Learn more:
https://www.wsj.com/articles/wages-are-rising-at-small-firms-but-employment-isnt-54fdf30f?st=n68gnbp1vjvv387
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OUT NOW: In the latest #SmallBusinessRundown, #NFIB President Brad Close and Vice President of Federal Government Relations Jeff Brabant discuss the #NFIBFlyIn2024 and the #smallbiz advocacy efforts of over 100 #smallbusiness owners. Listen to the full episode: https://www.nfib.com/SmallBusinessRundownPodcast/
ICYMI: #NFIB released the latest episode of the #SmallBusinessRundown! Sen. Tuberville and Rep. Davidson join #NFIB's Jeff Brabant to discuss how the new beneficial ownership registry requirement impacts #smallbiz. Listen now: https://www.nfib.com/SmallBusinessRundownPodcast/
LISTEN HERE: Tune in to hear a snippet from the latest #SmallBusinessRundown! #Smallbiz owners Amy Morgan and Kim Duncan join #NFIB's Jim Brown to discuss the importance of #shoppingsmall. Listen to the whole episode here: https://www.nfib.com/SmallBusinessRundownPodcast/ Don't forget to share, rate, and review the #SmallBusinessRundown Podcast
Watch the latest "In Their Own Words" #SmallBizSurvival video featuring #Virginia NFIB member Tina Miller, owner of Walkabout Outfitter, who discusses the impact of increased regulations on #smallbiz. More: https://www.nfib.com/content/press-release/homepage/new-nfib-releases-latest-in-their-own-words-video-3/
ICYMI: NFIB’s Small Business Survival: "In Their Own Words" series featured NFIB Georgia member Pat Kaemmerling, owner of Ultimate Security Solutions. Kaemmerling explained her concerns about how a potential capital gains tax hike could impact her #smallbusiness: “We have invested in our business so that we can sell that business when we’re ready to retire…and now the government wants to come in and take a huge chunk of that.” Watch the full video below:
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Our new brand is a bold step forward – and we are proud to continue to celebrate the strength of NFIB and expand on our drive to stand up for small and independent businesses.
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