U.S. small-business sentiment increased in June, but the share of owners reporting that inflation was their “single most important” problem was the highest in nearly two years, and more said they had raised average selling prices.
The National Federation of Independent Business said on Tuesday that its Small Business Optimism Index rebounded 2.1 points to 97.4 last month, approaching its 52-year average of 98.0. The survey’s uncertainty index fell 2 points to 89, remaining well above its historical average of 68.