Small Business Investment Hits Post-COVID Low
— U.S. small business CapEx index dropped to 50 in June — the lowest since 2020
— Sharpest monthly decline since April 2020 (NFIB)
— Current levels mirror the 2008 crisis
— Future CapEx plans fell to 21 — near 5-year lows
— Hiring plans rose slightly to 13, but remain weak
Economic uncertainty is putting pressure on small firms’ growth plans.