Investment in small businesses reaches post-COVID low

- The small business CapEx index in the United States fell to 50 in June - the lowest since 2020

- The largest monthly decline since April 2020 (NFIB)

— Current levels reflect the 2008 crisis

- Future CapEx plans fell to 21 - near the lowest in 5 years

- Hiring plans slightly increased to 13, but remain weak

Economic uncertainty is putting pressure on small businesses' growth plans.