Business Optimism Amplifies after Enactment of the Major Stimulus Package Bill
In a significant turn of events, the latest results of CNBC's Small Business Survey reveal a marked increase in optimism among small business owners. According to the July 2025 survey, this surge in optimism appears to be a direct result of President Trump's policies.
The survey findings show a significant rise in the number of small business owners rating the economy as "excellent" or "good," with nearly half (46%) expressing such sentiments, up from 30% in the previous quarter [1][3].
Moreover, over half of small business owners expect their revenue to increase over the next year, marking a rise of 10% compared to the last quarter, indicating growing confidence in future business prospects [1].
One of the most notable changes is a decline in concerns over negative impacts from tariffs, government regulations, tax policy, and trade policy. This suggests that small businesses feel more stable and less threatened by these factors now than before [1].
The improved sentiment extends across the political spectrum, but there has been a particularly large increase in sentiment among small business owners who identify as Democrats [1]. Confidence in President Trump has surged, with nearly 60% of small business owners approving of his job performance [1].
This optimistic shift follows the implementation of the "One Big Beautiful Bill," which appears to have contributed to this surge by delivering tangible results for small businesses [1].
After an earlier drop in confidence during the second quarter due to tariff policy uncertainty, this survey shows a clear rebound in optimism on Main Street, driven by these evolving policies and economic conditions [2].
In summary, CNBC's Small Business Survey reveals a substantial boost in small business optimism under President Trump's recent policies, marked by stronger economic assessments, revenue expectations, decreased regulatory concerns, and higher job approval ratings for the president among small business owners [1][3].
- The surge in optimism among small business owners, as revealed by CNBC's Small Business Survey, can be attributed to the positive impact of President Trump's policies on finance and business.
- The "One Big Beautiful Bill," a recent policy initiative, has contributed to the rise in small business owners' optimism, particularly in the area of revenue expectations.
- The July 2025 survey shows a decline in concerns over government regulations, tax policy, and trade policy among small businesses, indicative of a more stable and less threatened business environment under present politics and policy-and-legislation.
