Hey everyone! There's a buzzing update from the U.S. that might catch your interest, especially if you're into global tech and business trends. A recent survey by CNBC reveals that many small business owners in the U.S. are feeling the heat.
About 66% of these owners have already felt—or expect to feel—the negative impact of tariffs, while 51% foresee trade policy changes hurting their businesses over the next year. With the new U.S. administration taking charge, economic optimism has quickly given way to uncertainty.
Only 30% of respondents rate the current state of the economy as excellent or good, with a whopping 70% considering it just fair or poor. In fact, 70% believe a recession is on the horizon, and more than 60% admit to being stressed about business and personal finances, with inflation and wavering consumer demand topping the list of concerns.
Even if you're not running a business, this insight reminds us that the global economy is totally interconnected. Whether you’re an app developer, startup founder, or creative entrepreneur in South or Southeast Asia, shifts in U.S. economic trends can have ripple effects on digital markets worldwide. Stay alert, stay informed, and be ready to adapt! 🚀
In these dynamic times, knowledge truly is power. Let’s keep our entrepreneurial spirit alive and navigate the waves of global change together. ✨
Reference(s):
Over 60% of U.S. small businesses pessimistic about U.S. economy
cgtn.com