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.