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Small Business Optimism Rises but Labor Stalls | Texas News
Small business optimism is on the rise, with the sentiment index jumping 2.4 points in July to 99.8—its first climb above the 52-year average in four months. Hiring plans and capital spending are rebounding, with a quarter of owners eyeing new equipment or facilities, the highest since last December. Yet, labor shortages and high costs remain major hurdles: 36% report unfilled positions, the highest since June 2025. While hiring expectations rose nine points to their highest since 2022, experts caution that this is just one month’s data and a full recovery isn’t confirmed—watching the next…
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