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   News alert: Small business confidence slips again
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   Fuel costs, inflation, and uncertainty are taking a toll.
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              <a data-linktext="Small business optimism fell again in May as fuel costs and inflation bite" data-linktype="Normal" style="color:#105C8E;text-decoration:none" target="_blank">
               Small business optimism fell again in May as
fuel costs and inflation bite
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              The NFIB's Small Business Optimism Index dipped to 95.3 in May — its weakest reading since October 2024 and another month below its 52-year historical average — as surging fuel costs and inflation weighed on owners. A net 36% of owners said they had already raised prices, the highest share since March 
2023, and hiring intentions fell to their weakest point since May 2020. The NFIB pointed directly to the Iran conflict's disruption of global oil markets as a central driver of the elevated uncertainty.
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